A merit pay incentive system is used to attract employees who are more team-oriented.
Answer the following statement true (T) or false (F)
False
The decisions about merit pay are based on two factors: the individual's performance rating and the individual's compa-ratio (pay relative to average pay).
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Cash is often referred to as a "non-earning" asset. Thus, one goal of cash management is to minimize the amount of cash necessary for conducting a firm's normal business activities.
Answer the following statement true (T) or false (F)
Generally, stocks perform better when interest rates are
A) low. B) high. C) average. D) Stocks are unaffected by interest rates.
Briefly explain the term zone of indifference.
What will be an ideal response?
Which of the following statements are true?
a. The pooled-variances t-test is used whenever the population standard deviations are assumed to be equal regardless of the sample size. b. The unequal-variances t-test is used whenever the population standard deviations are unknown and cannot be assumed to be equal. c. The z-test can be used as a close approximation to the unequal-variances t-test when the population standard deviations are not assumed to be equal, but samples are large (each n 30). d. All of these statements are true. e. None of these statements is true.