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Lunna [17]
9 months ago
11

Employees who record and are paid for the exact amount or time spent working are paid on

Business
1 answer:
jonny [76]9 months ago
6 0

Employees who record and are paid for the exact amount or time spent working are paid on <u><em>hourly basis</em></u>.

When an employee is paid on an hourly basis, they receive a variable salary because their pay is based on how many hours they put in at work. This means that these workers are paid solely in accordance with the number of hours they put in.

In contrast to hourly workers, salaried employees receive a set paycheck every pay period. Hourly workers receive a set wage for each hour they put in during the pay period, plus overtime if they put in more than 40 hours each week. Employees in sales and marketing often receive commissions as an additional source of income, while others earn a flat rate per sale.

To know more about Hourly workers and Hourly wage :

brainly.com/question/15800524?referrer=searchResults

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Consider that you are a salesperson for the Carpenters Motors - Range Rover dealership. A young, newly married couple enters the
Tomtit [17]

Answer:

1.Prospecting as well as qualification: After greeting walk-in customers, the salesperson must make them feel at ease by providing a comfortable location to sit and talk, as well as a drink of tea and juice, according on the period .  The pair is simply in need of a vehicle, but they are undecided on which vehicle to purchase.

2.Preparation: I understand everything there is to know regarding my products, as well as the competing goods in the category, which I carry in my selling kit. Basic information such as engine size, mileage, guarantee, technological specifications, finance alternatives, servicing terms, and comfort data are tabulated and maintained in my sales kit for quick reference.

3. Approach: I use a step-by-step approach with them. During the initial conversation, I gathered that the necessity was for a high-end automobile, and that financing was not a problem or worry for them. They're seeking for a vehicle that'll keep them safe and pleasant

8 0
3 years ago
Which of these inventory changes would be accounted for prospectively? Select one: a. FIFO to LIFO, but not LIFO to FIFO b. LIFO
Basile [38]

Answer: a. FIFO to LIFO, but not LIFO to FIFO

Explanation:

Well the inventory changes which would likely be accounted for is the FIFO ( first in first out system ) to LIFO ( last in first out system ). But not the LIFO ( last in first out )  to FIFO ( first in first out ). This system are mostly used in sales where for FIFO the first goods to arrive leaves first and for LIFO the opposite of FIFO

7 0
2 years ago
State licensing helps ensure that professionals
Bingel [31]

Answer:

are qualified in there industry

Explanation:

that's what my quiz said was right

7 0
3 years ago
the cumulative difference between reporting inventory at lifo rather than fifo is commonly referred to as the
UkoKoshka [18]

The cumulative difference between reporting inventory at LIFO rather than FIFO is commonly referred to as the LIFO reserve

<h3>What is LIFO reserve?</h3>

Generally, LIFO reserve is an accounting term that represents the difference between the cost of inventory calculated using the first-in, first-out (FIFO) method and the cost calculated using the last-in, first-out (LIFO) method for the purposes of bookkeeping.

In conclusion, The LIFO reserve is a term that is widely used to refer to the accumulated discrepancy that results from reporting inventory using the LIFO method rather than the FIFO method.

Read more about LIFO reserve

at brainly.com/question/28146683

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8 0
1 year ago
A FLSA covered enterprise is the related activities performed through unified operation or common control by any period or perso
alexandr402 [8]

Answer:

Is an activity or a public agency

Explanation:

The FLSA represents the Fair Labor Standards Act. It is a federal law and it sets the minimum amount of wages, the record, the overtime as well as employment standards. FLSA stipulates an employee coverage either as an individual coverage or an enterprise coverage

For the enterprise cover as required in this question, an enterprise can only be covered if

1. The enterprise has minimum of two employees

2. The annual volume of sales is a minimum of $500,000

3. The enterprise can also be covered if it carries out activities such as providing medical care for its people, providing preschools or main (secondary or university) schools for children or the enterprise is an hospital. It is also covered if it is a public or government agency.  In order words <u>an activity or a public agency. </u>

6 0
2 years ago
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