A merit increase is best described as:
A. a one-time reward for past performance that does not increase base pay.
B. compensation given to provide for items that are in short supply.
C. psychological returns employees believe they receive in the workplace.
D. percentage increment to base pay provided to all employees regardless of performance.
E. an increment to base pay that recognizes past work behaviour.
Answer: E
You might also like to view...
Blair, the owner of Nice Necessities, noticed that her employees would come to work early, leave late, and generally had a high level of commitment the first year of business. The second year, her employees were late more often than not and did not feel very committed to the store. Blair noticed that the demands of family life pulled her away from Nice Necessities in the second year. Blair realized that she had set the example for her employees and they were merely modeling her behavior. This exemplifies which theory?
A. instrument theory B. social cognitive theory C. reinforcement theory D. theory of attributions
The year-end balance of the owner's capital account appears in
A) both the statement of owner's equity and the income statement B) only the statement of owner's equity C) both the statement of owner's equity and the balance sheet D) both the statement of owner's equity and the statement of cash flows
Variable costs within the relevant range
A) stay constant on a per unit basis as output changes B) increase in total as output increases C) decrease in total as output decreases D) all of the answers are correct
Which of the following statements about MRP II is true?
a. When it was introduced, MRP II did not have any provision for feedback. b. It was introduced in the 1990s. c. It was introduced to replace CRP. d. It is replaced by DRP.