Which of the following is an advantage of the hourly wage plan?
a. It establishes wages on only the production of good units.
b. It will not tempt employees to sacrifice quality by speeding up production.
c. It gives extra recognition for producing above the minimum requirements.
d. It provides incentives for employees to achieve a high level of production.
b
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Which of the following is not appropriate to include in the conclusion of a speech?
A. A signal phrase to cue listeners about the wind-up. B. Details you forgot from earlier. C. A call to action. D. "Thank you." E. A little upbeat story.
Wally, Inc issued 500 shares of $10 par preferred stock at $83 a share. Each share had a warrant attached that allowed the holder to purchase one share of $5 par common stock for $15. Soon after the preferred stock was issued, the preferred stock was selling ex-rights for $64 a share, and the warrants were selling for $16 each. The entry to record the issuance of the preferred stock would include
a A) debit to Retained Earnings for $8,300. B) credit to Additional Paid-in Capital on Preferred Stock for $28,200. C) debit to Common Stock Warrants for $8,300. D) credit to Additional Paid-in Capital on Common Stock for $8,300.
Payment of office rent represents an increase in
a. revenues; b. cash; c. a liability account; d. drawing; e. expenses.
Which of the following is the BEST way to draw attention to an enclosure that accompanies a sales message?
a. "Enclosed you will find a brochure complete with detailed illustrations." b. "We are happy to enclose a self-addressed postcard for your response." c. "As you can see on the enclosed folder, assembly of the desk is very simple." d. No wording is needed: an enclosure notation after the signature line is all that is necessary.