Operating profit is known as ________.
A) earnings after interest and taxes
B) earnings before interest and taxes
C) earnings before depreciation and taxes
D) earnings after tax
B) earnings before interest and taxes
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For incentive pay to motivate employees to contribute to the organization's success, the pay plans must be well designed. Which statement describes a characteristic of a well-designed plan?
A. Employees value the rewards or incentives that are being offered. B. Performance measures are to be linked to the individual's goals. C. Employees are given limited resources to meet their goals. D. Employees are given unattainable performance standards. E. The pay plan takes into account that employees will accept all goals irrespective of their rewards.
A company in a country with an emissions trading system (ETS) will hit its government-mandated emissions limit before the allotted year is finished. What ethical action is open to it?
a. Try to purchase extra emissions allotment from a low-carbon company. b. Try to hide its extra emissions from investigators. c. Shut down to avoid paying the government fines. d. Lobby the government to change its cap-and-trade system.
Peterson Corporation recorded an adjusting entry using T-accounts as follows:Depreciation Expense750 Accumulated Depreciation 750 Which of the following reflects how this adjustment affects the company's financial statements? Assets=Liab.+EquityRev.-Exp.=Net Inc.Stmt ofCash FlowsA.+=++NANA-NA=NA+FAB.-=NA+-NA-+=-NAC.+=NA+++-NA=++OAD.-=-+NANA-+=--OA
A. Option A B. Option B C. Option C D. Option D
Which of the following is not considered a best practice regarding 360-degree feedback systems?
A. Maintain rater confidentiality. B. The results from such feedback should be used to make compensation decisions. C. Employees receive timely feedback. D. The system provides reliable ratings of competencies.