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Digiron [165]
3 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]3 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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Baylor Company began its operations on March 31 of the current year. Projected manufacturing costs for the first three months of
inn [45]

Answer:

Cash= $183,950

Explanation:

Giving the following information:

Baylor Company began its operations on March 31 of the current year. Projected manufacturing costs for the first three months of business are $156,800, $198,200, and $217,600, respectively, for April, May, and June. Depreciation, insurance, and property taxes represent $28,800 of the estimated monthly manufacturing costs. Insurance was paid on March 31, and property taxes will be paid in November. Three-fourths of the remainder of the manufacturing costs are expected to be paid in the month in which they are incurred, with the balance to be paid in the following month.

May:

Manufacturing cost= 198,200 - 28,800= $169,400

Cost for June= 169,400*0.25= 42,350

June:

Manufacturing cost= 217,600 - 28,800= $188,800

Cost from May= 42,350

Cost for July= 188,800*0.25= -47,200

Cash= $183,950

6 0
3 years ago
Consumer Price Index (CPI) is an
Maurinko [17]

Answer:

B

Explanation:

The Consumer Price Index (CPI) measures monthly changes in prices for a range of consumer products

3 0
3 years ago
In the u.s each additional year of schooling has historically raised a person’s wage on average by about __________.
Feliz [49]
History raise a person wage on average by about 8.50
3 0
3 years ago
Sandy paid 30 dollars for a blouse. Cleaning cost after each wear is about $0.50. Sandy thinks she can wear the blouse 50 times
andrezito [222]

Answer:

twice

Explanation:

3 0
3 years ago
You deposit​ $5,000 per year at the end of each of the next 25 years into an account that pays​ 8% compounded annually. How much
Volgvan

Answer:

The correct answer is A. $18,276

Explanation:

First you have to calculate how much you'd end up having at the end of the 25 years period in your savings account.

You calculate the total amount saved for each year, using the formula:

S_{n} = S_{n-1} *(1+r)+D

Where

S_{n} is the total amount in the savings account for this period.

S_{n-1} is the total amount in the savings account from the previous period.

ris the interest rate.

Dare the annual deposits being made into the savings account.

Therefore for the first year you'd do:

S_{1} = S_{0} *(1+r)+D

S_{1} = 0*(1+0.08)+5000=5000

For the second year:

S_{2} = S_{1} *(1+r)+D

S_{2} = 5000*(1+0.08)+5000=10400

And so on. You can help yourself calculate the value of this series using programs like Excel.

I have attached an Excel file that has a table with the savings values for each of the 25 years.

So, the 25th year you’ll have $365,529.70 in your savings account. Now you simply divide this number by 20 (that will be the number of years you’ll be withdrawing the same dollar amount from your savings account):

Withdrawals = 365,529.70/20=18,276.485

In conclusion, you’d be able to withdraw $18,276.485 each year for the following 20 years after the 25th deposit, if all withdrawals are the same dollar amount.

Download xlsx
3 0
3 years ago
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