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just olya [345]
4 years ago
7

The concept by which pay is distributed based on work produced rather than hours worked was called _______________.

Business
1 answer:
Andrei [34K]4 years ago
7 0
The concept by which pay is distributed based on work produced rather than hours worked was called piece work. <span>Piece </span>work<span>, or output </span>work<span> as it is sometimes </span>called<span>, is </span>the concept<span> that workers are </span>paid<span> for </span>work produced rather than<span> the number of </span>hours worked<span>. Hope this answers the question. Have a nice day.</span>
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Bart sold a parcel of land for $21,000. He paid a real estate agent a commission of $1,500 for assisting with the sale. Bart had
vivado [14]

Answer: The amount realized on the sale of the land is $19500.

Explanation: The amount realized in the sale of the land is equal to the sale price less the commission of the real estate agent, that is:

21000 - 1500 = $ 19500

But in reality the operation generated a loss of $ 500 given by the difference between the price at which I bought the land and the amount realized in the sale, which is:

19500 - 20000 = $( - 500).

7 0
3 years ago
Alamos Co. exchanged equipment and $18,200 cash for similar equipment. The book value and the fair value of the old equipment we
vodomira [7]

Answer:

$0

Explanation:

Alamos Co. exchanged equipments and $18,200 cash for a similar equipment

The book value of the old equipment is $81,100

The fair value of the old equipment is $91,900

The gain/loss recorded by Alamos can be calculated as follows

= Fair value-book value

= $91,900-$81,100

= $10,800

= $10,800

But since the exchange lacks a commercial substance then, no amount of gain or loss will be recognized/recorded.

Hence Alamos Corporation recorded a gain of $0

3 0
3 years ago
Teams, whose members share egalitarian values, or a desire to create a shared sense of members, develop ________ interdependent
IrinaVladis [17]

Answer:

The answer is: A) High ; Low

Explanation:

A high interdependence group is usually referred to a "Team". Each member has a task to do and his/her performance is very dependent on the tasks other team members are doing.

The term "Team" is used to exemplify groups within an organization as sports.

On the other hand, groups that only value its members personal merits and achievements develop low interdependence between members. Some professions are known for following this type of approach, i.e. accountants.

4 0
4 years ago
Using examples in this book or online, describe a project that suffered from scope creep. Could it have been avoided? How? Can s
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Answer:

An sample project that has experienced extension creep is the place a task began with initial necessities and with time extent of undertaking expanded because of starting holes in the prerequisite social occasion or new upgrades from the customer. An ERP change venture which includes actualizing ERP framework supplanting heritage framework has experienced extension creep.   Yes, the degree creep issues could have been maintained a strategic distance from:  

  • By doing careful revelation of business necessities.  
  • By setting desires with the customer on any new necessities coming during the undertaking execution and dangers related with it.  

The following are a portion of the means to effectively oversee inescapable changes in scope that are useful for the business:  

  • Making an asset and time cradle for any unavoidable changes in the undertaking extension.  
  • Directing sufficient hazard examination and making strides required to execute new degree necessities effectively.
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4 years ago
What is an easy way to convert an hourly wage into an approximate full-time annual wage?
polet [3.4K]
Convert Hours per shift into total days worked for a week then convert it into total 365 - Days working + Hourly Pay
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3 years ago
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