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NikAS [45]
3 years ago
11

Identify and explain the components of management compensation and the tradeoffs that compensation designers make.

Business
1 answer:
Elena L [17]3 years ago
6 0

Incorrect/Incomplete question: Complete question read;

Which of the following statements correctly describes management compensation options?

A) Managers do not receive fixed salaries; instead their compensation is based on bonuses and incentives.

B) Perks (perquisites) were eliminated as part of the Sarbanes-Oxley Act.

C) Bonuses are typically awarded for meeting or achieving specific goals.

D) Stock options and awards are part of fixed salary compensation.

Answer:

<u>C) Bonuses are typically awarded for meeting or achieving specific goals.</u>

Explanation:

All the options above with the exception of option C rightly describes management compensation plans. <em>Remember, </em> the term compensation includes<em> both cash and non-cash payments </em>an employee may receive for performing their duties well.

Hence, managers may award certain bonuses (eg 5% salary bonuses, etc)  to their employees for working diligently to meet specific goals (like meeting a sales target, new customer acquisition targets, etc).

You might be interested in
Matching is:________.
Kay [80]

Answer:

A. It is a valuation method.

Explanation:

The matching principle is used to assign same costs with the same revenues. For example the inventory bought to make the product would be assigned like wise to assure the guideline of matching principle.

It is a valuation method.

It is used to evaluate the accounting procedures.

For example let us assume that we are selling candies. But the advertisement is run once the candies have been manufactured and sealed. So the matching principle states that the advertisement expenses to be included in the income statement having the corresponding stock of candies manufactured and sold.

5 0
3 years ago
For the questions below, select the appropriate answer.
anastassius [24]

Answer:

Explanation:

Are households primarily buyers or sellers in the goods and services market?

A. Buyers

Households are primary buyers in the goods and service market. Households buy goods and services from the producers in the goods and services market

Are households primarily buyers or sellers in the labor market?

B. Sellers

- Households are sellers in the labor market. They sell their services in exchange for wages

Are firms primarily buyers or sellers in the in the labor market

A. Buyers

Firms are buyers in the labor market. They buy the services of households

Are firms primarily buyers or sellers in the goods and services market?

B. Sellers

Firms are sellers in the goods and services market. They sell their finished goods and services

7 0
4 years ago
Bok advises campus officials (and students) simply to "ignore" offensive words, flags, and so forth (para. 13). Do you agree wit
Ugo [173]

Answer: 1. I do not agree with this advice.

2. I would rather propose dialogue as a better means to resolve situations where a person feels offended by the actions of others.

Explanation:

HOW WE OUGHT TO RESPOND TO THE OFFENSIVE ACTIONS OF OTHERS

Offensive Misconducts are actions intended to hurt others, perpetrated without consideration to the feelings of others. They can be carried out in the workplace, at school, at home, and in other social settings. These acts of misconduct can come in the form of bullying, racist or sexist comments, false accusations, physical attacks, threats, etc.

When faced with offensive misconduct, silence is not the best approach. Silence means consent and offensive misconduct are not meant to be condoned. They should rather be addressed using appropriate conflict resolution skills.

One such very important skill is dialogue. Dialogue is an approach that seeks to discuss the matter with the offender. The offended does not take on an offensive approach. He rather explains how the action affects him. He asks vital questions about the intentions of the offender. It might well be that the action might not have been aimed at being offensive. When addressing this issue, it is also important that an attitude of calmness be maintained by the person seeking to resolve the conflict.

Active listening should also be maintained when the other party is trying to explain himself. This would help the offended understand the viewpoint of the offender.

When a person who feels offended continues to ignore an offensive action, this might make him start nursing resentment, which might further lead to retaliatory actions. That is why it is very important to address offensive actions immediately instead of condoning them.

After taking the necessary actions, if the offender persists in his actions, the matter should be reported to an authority.

7 0
3 years ago
You learned in the lesson how the stock market influences the economy. Do you have to own stocks to be impacted personally by th
lawyer [7]
No stocks can affect any business in which you may shop at. not owning any stocks could affect you by price changes in the business
8 0
3 years ago
Privett Company Accounts payable $33,264 Accounts receivable 67,719 Accrued liabilities 6,039 Cash 20,980 Intangible assets 39,9
xz_007 [3.2K]

The total amount of quick assets is equal to $119,232. therefore, Option B is the correct statement.

<h3>What are Quick Assets?</h3>

Quick assets encompass cash available or current assets like accounts receivable that may be transformed to cash with minimum or no discounting.

Companies have a tendency to use the short assets to cover short-time period liabilities as they arrive up, so speedy conversion into cash (excessive liquidity) is critical.

Inventories and prepaid expenses aren't quick assets due to the fact they may be hard to transform into cash, and deep discounts are sometimes needed to do so.

The amount of quick assets is equal to Accounts receivable plus Cash plus Marketable securities.

Quick assets = $67,719 + $20,980 + $30,533

Quick assets = $119,232

Hence, the total amount of quick assets is equal to $119,232. Option B is the correct statement.

learn more about quick assets:

brainly.com/question/11209470

#SPJ1

5 0
2 years ago
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