Jacob sat down with his supervisor at the beginning of the quarter and set a goal to reduce defects on the assembly line from 5% to 2%. If he achieves this goal by the end of the quarter, he will receive a ________ of $4,000.
A. bonus
B. commissions
C. merit pay
D. piecework
E. exit pay
A. bonus
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When a lessor receives cash on an operating lease, which of the following accounts is increased?
A) Interest Revenue: Leases B) Lease Rental Revenue C) Lease Payable D) Unearned Interest: Leases
All cash receipts and disbursements, of governmental agencies, not required to be accounted for in another fund are accounted for in which of the following funds?
a. Fiduciary fund b. Proprietary fund c. General fund d. Debt service fund e. Special assessment fund
In a common size income statement, net sales are represented by 100%
Indicate whether the statement is true or false
The U.S. Constitution requires that juries in serious criminal cases in state courts be composed of 12 persons
Indicate whether the statement is true or false