Summarize the advice for giving criticism and the two parts all criticism should include.
What will be an ideal response?
As stated in the text, criticism should not be about the person, and it must be something the person can actually change. Criticism should always: (1) state the specific behavior that can be improved and (2) specify the improved behavior (which may need to be taught).
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Bonnie Company has a direct labor standard of 15 hours per unit of output. Each employee has a standard wage rate of $14 per hour. The standard variable overhead rate is $10 per hour. During March, employees worked 13,100 hours. The direct labor rate variance was $9,170 favorable, the variable overhead rate variance was $13,100 unfavorable, and the direct labor efficiency variance was $15,400 unfavorable. What is the actual variable overhead?
A. $117,900 B. $144,100 C. $183,400 D. $131,000
In the context of factors that influence the motivation to learn, which of the following management actions is likely to increase employees' self-efficacy?
A. Informing the employees about the times their peers have failed to benefit from the training B. Not sharing information on the purpose of training programs C. Communicating that training will focus on identifying areas of incompetence D. Emphasizing that learning is under the employees' personal control E. Making it clear that only the best of the employees can get through the training programs
What is the penalty for a tax return preparer who willfully attempts to understate taxes, or intentionally disregards the tax rules and regulations?
A) $50 B) $250 C) $5,000 D) 20% of the understatement
Which of the following is NOT a reason for a company to purchase treasury stock?
A) To reward valued employees B) To avoid a takeover by an outside company C) To buy the stock at a high price to increase total Stockholders' Equity D) To support the company's stock price