Answer:
a. reward system
b. Surface value
c. Perquisites
d. Compensation packages
Explanation:
Reward system encompasses the whole compensation packages for workers.
Base pay is the main determinant for other compensations.
Symbolic value refers to the representational value of a reward as opposed to the worth.
Compensation packages for various entities vary depending on the organization.
Indirect compensation is not directly linked to a job.
Perquisites refer to the benefits from employment.
Flexible reward system is not a fixed system, but one that flexes with other factors.
Participative pay system encourages workers' contribution in determining pay.
Surface value is the worth of a compensation to the recipient.
Incentive system refers to the employment structure that motivates employees to act in the best interest of the organization.
1. London UnderGround is a public rapid transit<span> system that connects various cities in England.
London Underground is the first underground railway that ever created in the world and predicted to carry approximately more than 1.3 Billion Passengeeach year.
2. The original problem was that there's too much traffic on the street of London during that time., which reduce people's overall productivity because they have to spend a large amount of their time stuck on the road. Even until this day, this problem is not 100% resolved.
3. The major difference would be the transportation vehicle and the number of lines.
Initially, London underground was a pedestrian tunnel with only one line. In current time, London underground is a train transportation system with 13 lines that connect various cities.
4. Cross rail is the latest line that created in London Underground, which opened up a new route Between </span><span> Maidenhead and Heathrow.
</span><span>This line is about 118 Kilometers in length and is planned to be ready to use by December 9th 2018
5. TBM stands for </span>tunnel boring machines<span> .
</span>tunnel boring machines are the equipment that is used to excavate tunnels through soil and rocks. Compared to other method, tunnel boring machines provide less disturbance, smoother tunnel wall, and less chance to destroy the foundation on the upper ground.
<span>
6. Eye of the needle refers to the </span><span> very crowded space that the Tunnel Boring much get through in order to create the Tunnel.
</span><span>This particular region tend to be realy hard to handle because small mistakes could make the tunnel walls to crumble and cause many harms to the workers underneath it.
7. I believe the biggest challenge would be grathering necessary budget.
the investment in creating underground tunnel, commonly only produce return of investmant in around 10-15 Years.
So, finding the orgaizations who are willing to take this risk is extremely difficult.
8. They allocate the engineers to both the bottom and upper ground at the same time.
The botto team is responsible in creating the tunnel, the upper team is responsible in identifying several characteristics such as Crack on the ground or hollow space.</span>
Answer:
ACME Drilling should record impairment loss of $6.9 million
Explanation:
According to GAAP, when the fair value of an asset is below the net carrying amount of that asset ( Asset's historical cost - Asset's accumulated depreciation or the net book value of the asset), the Company should record it as asset impairment loss.
In ACME's case, the net book value is $18.6 million while the estimated fair value is only $11.7 million meaning that the platform is actually worth less than it is recorded on ACME's book. Thus, an impairment loss of $6.9 million should be recorded ( $18.6 million - $11.7 million) to realize the fair value of the oil-drilling platform.
The sum of projected sum of future cash flows in this case is not suitable to be used to determine the oil-drilling platform because it has not been discounted to the present value amount, and also, it is not appropriate under GAAP.
Answer:
a. Hiring former employees from other companies and assessing their knowledge.
Explanation:
"Benchmarking" is<em> a process conducted by a company when it wants to compare its performance with other competitors.</em> In order to do this, the company needs to look into <em>specific metrics</em> and<em> </em>approaches in order to analyze their company's operation and how well it does compared to others.
Hiring former employees from other companies and assessing their knowledge is not a typical/common strategy in order to obtain benchmarking data. Not many companies would like to rehire and if they ever do, it will be hard to use the benchmarking data since the former employee's company might be totally different from yours. Remember that competitive benchmarking is only done when you want to compare with your<u> competitors in the same field of business.</u>
Answer: a).The employer's payroll taxes amounts to $9,800.00
b). The journal entries are a debit to payroll taxes with $9,800, and a credit of $6,600 to security taxes payable; $1,650 to medicare taxes payable; $1,350 to state unemployment tax payable; $200 to federal unemployment taxe payable.
Explanation: Employer Payroll taxes are taxes which the employer must pay tothe employees alongsidetheir salaries.
To calculate the payroll taxes allthe taxes are summed up.
Social security tax = $110,000 × 6% = $6,600
Medicare tax = $110,000 × 1.5% = $1,650
State unemployment tax = $25,000 × 5.4% = $1,350
Federal unemployment tax = $25,000 × 0.8% = $200
Total employer payroll taxes = $9,800
