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Degger [83]
3 years ago
8

________ is a broad comparative concept that refers to how an organization's monetary compensation incentives compare, in genera

l, to those of other organizations in the same industry employing similar kinds of workers.
Business
1 answer:
solmaris [256]3 years ago
6 0

Answer:

Bench-marking

Explanation:

Bench-marking is the process of comparing an organization's procedures and performances against the best practices in the industry.  A firm will compare its key indicators against those of similar companies.  Some of the indexes that firms compare are the quality of products, production costs, strategies, and employee salaries.  

A benchmark acts as a reference point or a base for standards.  An organization uses benchmarks to identify areas it needs improvements . The benchmarks report will point out if a company is overpaying or underpaying its employees.

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An economist studying the market for wild Alaskan salmon determines the price elasticity of supply to be 0.43. a. In this case,
Marina86 [1]

Answer:

A. Inelastic

B. a less than 10% increase in quantity supplied

Explanation:

A supply is inelastic when a percentage change in quantity supplied is less than percentage change in price.

A supply is inelastic if the price elascitiy is less than 1.

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If you have been a victim of identity theft,what should you do after contacting the company that reported the suspicious charge
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Cancel your credit cards and anything that may cause trouble like debt or charges
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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning in
Drupady [299]

Answer:

$816

Explanation:

Calculation for Dunbar Incorporated Ending inventory

Formula for Ending inventory units using FIFO method:

Ending inventory units = Beginning balance + Purchase -sales

Leg plug in the formula

490+410 - 600

= 300units

Calculation for Ending inventory

Ending inventory = 300*2.72

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Therefore the Ending inventory assuming FIFO method is use would be $816

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3 years ago
The University could continue to use the present bus for the next seven years. Whether the present bus is used or a new bus is p
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If the present bus is repaired, the present value of the annual cash operating costs associated with this alternative is calculated as follows;

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2 years ago
The following terms relate to the fundamental qualities of useful information. Match the key letter of the correct term with the
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Answer:

1. Providing information that is not biased toward one position or another.

  • c. Neutral

As an accountant, you cannot prepare, record or select information in order to favor someone's personal interests.

2. Providing information before it loses its capacity to influence decisions.

  • d. Timely

Information must be available when it can influence future decisions. E.g. having a 2010 cost report today is useless if you are preparing next year's  budget.

3. Providing information that is proven to be free from error.

  • b. Faithful representation

Faithful representation means that information must be accurate, complete, neutral, and free from errors.

4. Providing information that would make a difference in a business decision.

  • g. Relevant

Relevant information should be material and be either predictive or confirmatory.

5. Provide information that accurately depicts what really happened.

  • b. Faithful representation

Faithful representation means that information must be accurate, complete, neutral, and free from errors.

6. Providing information that confirms or corrects prior decisions.

  • a. Confirmatory value

It can be used to check, confirm or correct prior reports or evaluations.

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2 years ago
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