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vovikov84 [41]
1 year ago
9

acme global allows managers time off to attend classes and pays tuition for managers who are pursuing a master of business admin

istration (mba) degree. tuition reimbursement is considered in the compensation system. a. benefits b. wage and salary add-ons c. incentive pay d. base pay
Business
1 answer:
slamgirl [31]1 year ago
3 0

Option (A) is the appropriate choice. In the pay system, tuition reimbursement is regarded as a benefit.

<h3>Tuition Reimbursement: What is it?</h3>

Tuition compensation (also recognized as training assistance) is a worker advantage through which a corporation pays for a pre-determined amount of continuing schooling credits or university coursework to be applied towards a degree.

<h3>How significant is the compensation system?</h3>

The complete rewards that are offered to employees for their labor and other services to the company are included in the compensation system. In addition to indirect financial benefits, compensation also includes direct financial rewards.

It establishes a foundation for employee happiness and satisfaction, which lowers staff turnover and promotes organizational stability. It improves the job appraisal process, which in turn aids in establishing more reachable and realistic standards.

Learn more about tuition reimbursement here: brainly.com/question/11600567

#SPJ4

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he following cost data pertain to the operations of Montgomery Department Stores, Inc., for the month of July. Corporate legal o
maxonik [38]

Answer:

Explanation:

1) Total direct costs for the Apparel Department $128750:

Total Direct costs of Apparel Department  

Apparel Department cost of sales - Evendale store $105,600

Apparel Department sales commission - Evendale store $11,350

Apparel Department manager's salary - Evendale store $11,800

Direct costs  $128,750

2) Total direct costs for the Evendale Department $173,800:

Apparel Department cost of sales - Evendale store $105,600

Store manager's salary - Evendale store $12,300

Apparel Department sales commission - Evendale store $11,350

Store utilities - Evendale store $19,200

Apparel Department manager's salary - Evendale store $11,800

Janitorial cost - Evendale store $13,550

Direct costs - Evendale store $173,800

3) Total direct costs for the Apparel Department that are also variable costs- $116950 :

Apparel Department cost of sales - Evendale store $105,600

Apparel Department sales commission - Evendale store $11,350

Direct variable costs - Apparel Department $116,950

4 0
3 years ago
An employee stock ownership plan denies employees the right to participate in votes by shareholders even if the stock is registe
NARA [144]

Answer:False

Explanation:

Employee stock ownership plan is a plan aimed at benefiting Employees of a company by giving them the power to own certain parts of the company thorough the purchase of stocks. Employee stock ownership has been promoted by many corporations in order to ensure that the workers are motivated and encouraged to to see themselves as part owners of the company.

EMPLOYEE STOCK OWNERSHIP PLAN DOES NOT PREVENT EMPLOYEE WHO OWN STOCKS FROM PARTICIPATING IN THE VOTING PROCESS DURING ELECTIONS TO CHANGE BOARD MEMBERS.

3 0
3 years ago
On January 1, Year 1, Barnes Company issued a $100,000 installment note. The note had a 10-year term and an 8 percent interest r
Olenka [21]

Answer:

The multiple choices are as follows:

a. $100,000

b. $92,000

c. $93,097

d. $96,903

The correct option is C,$93,097

Explanation:

The principal balance of the note on January 1 year 2 is computed by first of all adding the first year interest to principal amount of $100,000 then deducting the annual principal and interest repayment of $14,903.

Find the computation below:

Opening balance of the note in year 2=$100,000+($100,000*8%)-$14,903

                                                               =$100,000+$8,000-$14,903

                                                               =$93,097

The opening balance in year 2 is $93,097

Option A is wrong because $100,000 was initial amount of the note.hence no repayment and interest have been considered.

Option B is also incorrect because $92,000 means $100,000 minus the interest on the note,whereas the interest should have been added.

8 0
3 years ago
Read 2 more answers
What items would be found in an ancient Chinese lord's torrb?​
iogann1982 [59]

Answer:

the 3000 year old sword

4 0
3 years ago
Suppose​ Fry's Electronics, Inc. provides​ $10,500 of computer support at the​ Dallas-Fort Worth store during the month of Novem
marshall27 [118]

Answer:

1. The following financial statements will be affected;

  • Cashflow Statement - The customers all paid in cash so this will increase the cash holdings of the company and go to the Operating activities section of the statement.
  • Income statement - These services provided refer to revenue for the company and so it will be counted as revenue in the income statement.
  • Balance Sheet - This transaction will increase the cash account in the balance sheet. It will also increase the retained earnings account as well.

2. There are limited options for the second question but the entry should be;

November, 20XX

DR Cash ...............................................................$10,500

CR Service Revenue..........................................................$10,500

5 0
3 years ago
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