Mary is interested in incorporating research-based recommendations on how to use monetary rewards effectively. Which of the following is an implementation guideline for the principle of “reward employees in a timely manner”?
A. ensure pay levels vary significantly based on performance levels
B. distribute fake currencies or reward points that can later be traded for cash, goods, or
services
C. only promise rewards that are available
D. specify what employees are expected to do, as well as what they should refrain from
doing
B. distribute fake currencies or reward points that can later be traded for cash, goods, or
services
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Why did M1 grow so rapidly in the early 1990s, whereas M2 did not?
What will be an ideal response?
Managerial accounting primarily provides information on past performance
Indicate whether the statement is true or false
Which of the following is correct regarding the provisions of IAS No. 8 on accounting changes and error corrections?
a. IAS No. 8 requires that correction of an error be made only by restatement of all prior periods presented. b. IAS No. 8 requires correction of an error to be made only by reflecting the effect of the correction in income of the period in which the error was discovered without restating previously reported results. c. IAS No. 8 allows correction of an error to be made either through restatement of all period periods presented or by reflecting the effect of the correction in income of the period in which the error was discovered without restating previously reported results. d. IAS No. 8 reflects a preference for not restating prior results in reporting accounting changes and error corrections.
Discounts on auto insurance have been offered for which of the following reasons?
A) Away at school driver B) Belonging to a car pool C) Good driving record D) Discounts have been offered for all of the above reasons.