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Digiron [165]
4 years ago
11

Which of the following is NOT one of the characteristics of reward and incentive systems? They represent an effective control me

chanism. They represent a poor means of institutionalizing ethics within an organization. They typically focus efforts on low priority tasks. They motivate high levels of individual and collective task performance.
Business
1 answer:
Grace [21]4 years ago
7 0

Answer: They typically focus efforts on low priority tasks.

Explanation:

1. Incentive and reward system helps the managers to regulate performance of subordinates in an effective and reasonable manner.

2. Reward and incentive system might result in unethical competition inside the organisation.

3.  Reward and incentive system is implemented by the organisation for completion of tasks that are of high priority.

4. Performance based incentive and pay motivate more effective individuals to work harder and team based incentive brings collective performance attitude in the organisation.

Thus, right answer is statement 3.

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Smith Company has 800,000 shares authorized and 250,000 shares issued and outstanding of its $2 par value common stock. The stoc
GrogVix [38]

Answer:

retained earnings   40,000 debit

     common stock                                    8,000 credit

    additional paid-in Common Stock    32,000 credit

Explanation:

shares issued:

800,000 shares x 5% = 4,000 new shares

face value of the shares

4,000 x $2 = 8,000

market value 4,000 x $10 = 40,000

additional paid-in 40,000 - 8,000 = 32,000

we decrease retained earnings and increase the euqity account to balance.

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3 years ago
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6 0
4 years ago
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Payment of $1,000 payables *
sashaice [31]

Answer:

None of the above

Explanation:

Given that the question is about Payment of $1,000 payables, then in a journal account, there will be a record of "Decreases in account payable $1,000; increases in cash $1,000"

Hence, considering the available options, the right answer to the question is "None of the above"

4 0
3 years ago
What is the difference between a production function and an​ isoquant? A. A production function describes the minimum output tha
blagie [28]

Answer:

Option d: Production function describes the maximum output that can be achieved with any given combination of inputs. An isoquant identifies all of the different combinations of inputs that can be used to produce one particular level of output.

Explanation:

Factors of Production

They includes Inputs in the production process (labor, capital, materials)

Production Function

This simply is that function that is displaying or showing highest output firm can produce. It depicts what technically feasible is and when firm operates efficiently.

Isoquant

This is simply refered to as a curve tbat depicts or shows all possible efficient combinations of input that are very able to produce a certain quantity of output. It usually a downward sloping and convex and it can never slope upward. This shows also that adding more inputs keeps output constant.

Isoquant Map

This is simply a graph showing a combination of a number of isoquants, used to describe a production function.

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3 years ago
what should happen to student enrollment at college if there is an increase in tuition according to the substitution effect
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