Which of the following is an example of a debit memorandum?
a. Service charge notice
b. Interest earned on the account balance
c. Outstanding check
d. Company error in recording a $500 deposit as $600
a
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Which extrinsic reward can be a useful way to motivate employees while providing them with an opportunity to showcase their new skills and competencies?
A. skill-based pay B. job content-based pay C. performance-based pay D. seniority-based pay
A 15% change in sales will result in a 15% change in net income
Indicate whether the statement is true or false
Which of the below metrics represents the agreed upon time between the purchase of a product and the delivery of the product?
A. Customer order cycle time B. Back order C. Inventory turnover D. Inventory cycle time
Identify five of the twelve characteristics of an entrepreneurial environment.TABLE 2.3 Characteristics of an Entrepreneurial EnvironmentOrganization operates on frontiers of technology New ideas encouraged Trial and error encouraged Failures allowed No opportunity parameters Resources available and accessible Multidiscipline teamwork approach Long time horizon Volunteer program Appropriate reward system Sponsors and champions available Support of top management Students can choose five of the twelve from table 2.3 above.
What will be an ideal response?