All of them represent liabilities that must be paid back at some specified point in the future.
<h3>What are liabilities?</h3>
Liabilities are financial obligation of a company that results in the company's future sacrifices of economic benefits to other entities.
There are various reason why a company would incur liabilities:
- Human error.
- Environmental damage.
- Defective product/work.
- Natural hazards.
Hence, all of the above represent liabilities that must be paid back at some specified point in the future.
Learn more about liabilities here: brainly.com/question/2819860
Answer:
D. Piecework
Explanation:
Piecework compensation is a situation where a worker is paid per unit of output he produce.
Piecework refers to a payment schedule in which an employee is paid a fixed rate for each unit of production produced. It is a payment common to temporary or ad-hoc staffs. The amount earned by a worker depends on the quantity of goods produced.
Piecework pay encourages employees to work more so they can earn more. It also helps a firm to increase output because workers will produce more units to increase their pay.
The disadvantage of piecework pay is that the quality of the product might decrease since workers focus more on quantity produced.
Piecework pay can be calculated by multiplying piece rate per unit by number of units produced.
That is,
Piecework Pay = piece rate per unit x number of units produced
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
B. An airline
An airline is a service organization.