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Evgesh-ka [11]
3 years ago
8

For incentive pay to motivate employees to contribute to the organization's success, the pay plans must be well designed. Which

of the following statements describes a characteristic of a well-designed plan?A. Performance measures are to be linked to the individual's goalsB. Employees are given very broad performance goalsC. Employees value the rewards or incentives that are being offeredD. Employees are given limited resources to meet their goals
Business
1 answer:
olga nikolaevna [1]3 years ago
6 0

Answer:

C. Employees value the rewards or incentives that are being offered

Explanation:

Let's see the different options for answer...

<u>A. Performance measures are to be linked to the individual's goals</u>

No.  Even if the performance measures should be linked to the individual's goals, just the mere existence of such KPI is not sufficient to motivate employees.   There has to be some performance reward attached to it.

<u>B. Employees are given very broad performance goals</u>

No. To get a good performance and motivate employees, they must be given clear goals and objectives.

<u>C. Employees value the rewards or incentives that are being offered</u>

Yes.  Even if you have good performance measurements, with realistic goals, the employees won't be motivated to reach those goals if the reward doesn't worth the effort.

<u>D. Employees are given limited resources to meet their goals</u>

No. They won't be motivated if they don't think they have the means to achieve those goals.

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On July 8, Ace, a refrigerator wholesaler, purchased 50 refrigerators. This comprised Ace's entire inventory and was financed un
sergiy2304 [10]

Answer:

<em>OPTION (B) is correct.</em>

Explanation:

Because, already the interest has been improved, then also Cray gets to keep the refrigerator. The consumer in the ordinary course of business buy a good or a product which is free from a security interest even if the customer knows about the agreement which is made during the lending, that is known as security agreement.

Because in security agreement is a agreement which decides that who is lending, have to pay security interest.

4 0
3 years ago
What are some of the problems associated with using GDP per capita to compare the quality of life among countries?a. GDP per cap
Oduvanchick [21]

Answer: What is Sancho’s purpWhat  is Sancho’s purpose for writing ?oe for writing?

Explanation:

What is Sancho’s purpose for writing ?What  is Sancho’s purpose for writing? Sancho’s purpose for  ?What is Sancho’s purpose for writing?

3 0
3 years ago
Presented below are selected transactions on the books of Simonson Corporation. May 1, 2020 Bonds payable with a par value of $9
malfutka [58]

Answer:

May 1 2020

Dr Cash 954,000

Cr Bonds Payable 900,000

Cr Premium on Bonds Payable 54,000

Dr Cash 36,000

Cr Interest Expense 36,000

December 31

Dr Interest Expense 104,275.86

Dr Premium on Bonds Payable 3,724.14

Cr Interest Payable 108,000

Jan 1, 2021

Dr Interest Payable 108,000

Cr Cash 108,000

April 1

Dr Bonds payable $360,000

Dr Premium on bonds payable $19,738

Dr Interest Expense $10,800

Cr Cash $367,200

Cr Gain on redemption of bonds $23,338

Dec. 31

Dr Interest Expense $64,800

Cr Interest Payable $64,800

Dec. 31

Dr Premium on bonds payable $3,911

Cr Interest Expense $3,911

Explanation:

Preparation of the journal entries

May 1 2020

Dr Cash 954,000

($900,000 * 106%)

Cr Bonds Payable 900,000

Cr Premium on Bonds Payable 54,000

(954,000-54,000)

(Being To record issuance of bonds)

Dr Cash 36,000

($900,000 * 12% * 4/12)

Cr Interest Expense 36,000

(Being To record accrued interest at the issuance of bonds)

December 31

Dr Interest Expense 104,275.86

(108,000-3,724.14)

Dr Premium on Bonds Payable 3,724.14

($54,000 * 8/116months)

Cr Interest Payable 108,000

($900,000 * 12%)

Note that [(10yrs*12months) – 4months] will give us 116 months which was used to amortize premium

(Being To record accrued interest and amortization of premium at year end)

Jan 1, 2021

Dr Interest Payable 108,000

Cr Cash 108,000

($900,000 * 12%)

(Being To record payment of interest)

April 1

Dr Bonds payable $360,000

Dr Premium on bonds payable $19,738

[54,000*($360,000/$900,000)*(106/116)]

Dr Interest Expense $10,800

($360,000*12%*3/12)

Cr Cash $367,200

($360,000*102%)

Cr Gain on redemption of bonds $23,338

[($360,000+$19,738+$10,800)-$367,200]

(Being to record call of Bond and Redemption)

Dec. 31

Dr Interest Expense $64,800

Cr Interest Payable $64,800

[($900,000-$360,000)*12%]

(Being to record the interest)

Dec. 31

Dr Premium on bonds payable $3,911

Cr Interest Expense $3,911

[($54,000*12/116*0.6)+(54,000*3/116*0.4)]/

=$3,352+$559

=$3,911

(Being to Amortized premium)

3 0
3 years ago
Sub Station and Planet Sub reported the following selected financial data ($ in thousands). Sub Station's business strategy is t
Effectus [21]

Answer:

The computations are shown below:

Explanation:

Return On Assets = Net income ÷ Average Total Assets × 100

where,

Average of Assets =  (Beginning Total Assets + Ending Total Assets) ÷ 2

= ($75,183 + $116,371) ÷ 2

= $191,554 ÷ 2

= $95,777

So, the return on investment is  

=$25,922 ÷ $95,777 × 100

= 27.06%

Profit Margin = Net income ÷ Sales × 100

= $25,922 ÷ $108,249 × 100

= 23.95%

Assets Turnover = Sales ÷ Average of  Total Assets

= $108,249 ÷$95,777

= 1.13

6 0
3 years ago
Which four of the following are examples of peripheral devices?
Paha777 [63]

Answer:

Keyboard

Headset

Printer

Joystick

Yw :))

4 0
2 years ago
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