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kirill [66]
2 years ago
9

An employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day. True or false?.

Business
1 answer:
padilas [110]2 years ago
7 0

It is true that an employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day.

A time ticket is used to track the hours for which an employee will be paid in the upcoming payroll. Employees' time tickets are reviewed and approved by a supervisor at the closing of each pay period. After which the payroll team use them to calculate the hours worked by an employee. This serves as a basis for calculating gross pay.

When an employee clocks in or out, they generally put a time ticket into a time clock that are printed in an oblong, thick paper shape. Usually time tickets are physical cards that are stamped with beginning and ending times of employees work days. The payroll accountant or bookkeeper creates time tickets after the pay month has ended.

To learn more about employee time ticket here

brainly.com/question/14338603

#SPJ4

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How does the effectiveness of the team members influence the group's development process?
igomit [66]
Team effectiveness can be judged by measuring the gainful yield of the group. On the off chance that a person on the group is not investing the exertion the improvement procedure can be longer. A gathering turns into a group when the accompanying criteria are met: Leadership turns into a common movement, Accountability shifts from entirely individual to both individual and group, The gathering builds up its own motivation or mission, Problem-fathoming turns into a lifestyle, not low maintenance action, Effectiveness is measured by the gathering's aggregate results and items. In light of contentions because of force, expert, and temperamental interpersonal connections, many works gathers never qualify as a genuine group.
5 0
3 years ago
For Randolph Company, the following information is available: Capitalized leases $560,000 Copyrights 240,000 Long-term receivabl
Mamont248 [21]

Answer: $240,000

Explanation:

An intangible asset is an asset which lacks physical substance. While physical assets include assets like buildings, machinery and financial assets like government securities, the intangible assets are hard to evaluate and they include copyrights, patents, trademarks, franchises, goodwill, and trade names.

From the information provided in the equation, copyrights is $240,000 which is an intangible asset. Therefore, in Randolph's balance sheet, intangible asset should be written as $240,000.

4 0
3 years ago
Allocate the following expense items of the U.S. government into the mandatory, discretionary, and interest categories of the go
Anna35 [415]

Answer:

a. $1,000 of income for the Human Fund for owning a $100,000 savings bond - This is an example of the debt interest in the budget.

b. Food stamps received by the Jones family -  These are mandatory that has to be spent by the government.

c. Purchase of F-16 fighter planes by the U.S. government -  Purchasing F-16 is discretionary.

d. An increase in the salary of researchers at the National Institutes of Health - Increase in the salary is discretionary expenditure by the government.  

e. Government aid to help victims of drought in east Africa - This will be discretionary.

Definition of the categories of US government budget

Mandatory spending is spending required by statutory criteria, it is not authorized annually

Discretionary spending is spending that must be authorized annually and appropriated by the House and Senate.

Interest on debt is the cost incurred by an entity for borrowed funds

3 0
3 years ago
What is the substitution effect of a price change? Consumers will buy more of the good whose relative price has risen and less o
polet [3.4K]

Answer:

Consumers will consume less of the good whose relative price has risen and more of the good whose relative price has fallen.

Explanation:

The substitution effect refers to the change in the consumption of a good, due to the variation in its price, for the consumption of another good that becomes relatively cheaper. Thus, in the substitution effect if prices increase, consumers will consume a smaller amount of a given good, since its price has risen and a larger amount of the good whose relative price has become cheaper.

8 0
3 years ago
Brian took eight years to pay off his $71,900 loan. The loan had an interest rate of 8. 16%, compounded quarterly. If Brian paid
erica [24]

The amount of payment at the end of each period for eight years will be $<em><u>3,081.54</u></em>

Given,

Principal Amount or the Present Value =$71,900

Rate of interest =8.16%, but the rate per period that is for the quarterly payment the rate of interest will be: 2.04%

Compounding period quarterly for eight years.

So, the periods will be:

\begin{aligned}Period&=4\times8\\&=32\end{aligned}

From the given data we need to determine PMT, that is per month payment that will be equal for all the payments made by Brian.

The computation of the per month amount is shown in the image attached below.

Therefore, option b. $3,081.54 is the payment same for each payment.

To know more about equal payments and present value, refer to the link:

brainly.com/question/24176065

6 0
3 years ago
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