Gabe has a summer job hand-dying shirts that will be sold on the boardwalk. He is paid $3.50 per shirt. This is an example of a ______ compensation plan.
A. pay-for-performance
B. pay-for-knowledge
C. bonus
D. profit-sharing
E. gainsharing
A. pay-for-performance
Pay for performance bases pay on one's results. An example is payment according to a piece rate, in which employees are paid according to how much output they produce, as is often used with farm workers picking fruit and vegetables.
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Partner A purchases Partner B's $3,000 interest from Partner B for $5,000. The entry to record the transaction is for $3,000
Indicate whether the statement is true or false
A corporation that uses subsidiary corporations to operate in more than one country cannot be termed as a multinational corporation.
Answer the following statement true (T) or false (F)
The broad classes of intruders are: cyber criminals, state-sponsored organizations, _________ , and others
What will be an ideal response?
Which of the following statements is CORRECT?
A. Depreciation and amortization are not cash charges, so neither of them has an effect on a firm's reported profits. B. The more depreciation a firm reports, the higher its tax bill, other things held constant. C. People sometimes talk about the firm's net cash provided (used) by operations, which is shown as the lowest entry on the income statement, hence it is often called "the bottom line." D. Depreciation reduces a firm's cash balance, so an increase in depreciation would normally lead to a reduction in the firm's net cash flow. E. Net cash provided (used) by operations is often defined as follows: Net cash flow provided (used) by operations = Net Income + Noncash Adjustments + Working Capital Adjustments.