1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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
On January 1 of this year, Shannon Company completed the following transactions (assume a 10% annual interest rate): (FV of $1,
fredd [130]

Answer:

1. Amount to be paid at the end of three years (A) = $60,000

Rate of interest (r) = 10% = 0.10

Number of years (n) = 3 years.

Cost of truck that should be recorded at the time of purchase = A÷(1+r)n = 60,000÷(1+0.10)3 = 60,000÷1.13 = 60,000÷1.331 = $45,078

2. Annual payment (P) = 10,000

Number of years (n) = 3 years

Rate of interest (r) = 10% = 0.10

Present value of annual payment = P×[1-(1+r)-n]÷r = 10,000×[1-(1+0.10)-3]÷0.10 = 10,000×[1-1.1-3]÷0.10 = 10,000×[1-0.7513]÷0.10 = 10,000×0.2487÷0.10 = $24,870.

Single installment payment is $28,000 and the present value of $10,000 paid annually for 3 years is $24,870, which means annual payment for three years will be the better option because the present value is less than the single installment.

Pay in three installment will be the better option.

3. Amount at the end of 7 years (A) = $90,000

Number of years (n) = 7 years

Rates of interest (r) = 10% = 0.10

Single amount to be deposited in this account on January 1 of this year = A÷(1+r)n = 90,000÷(1+0.10)7 = 90,000÷1.17 = 90,000÷1.9487 = $46,184

4. Annual payment (P) = $40,000

Number of years (n) = 10 years

Rate of interest (r) = 10% = 0.10

Single sum to be deposited in the bank on January 1 of this year = P×[1-(1+r)-n]÷r = 40,000×[1-(1+0.10)-10]÷0.10 = 40,000×[1-1.1-10]÷0.10 = 40,000×[1-0.3855]÷0.10 = 40,000×0.6145÷0.10 = $245782.6842

7 0
3 years ago
Consideran que las costumbres y tradiciones deben mantenerse ala nueva generación​
Katarina [22]

Answer:

Efectivamente, considero que las costumbres y tradiciones deben mantenerse en las nuevas generaciones, pues forman parte de la idiosincrasia y la identidad de un pueblo, sociedad o nación. De esta manera, a través del mantenimiento de estas costumbres y tradiciones, las nuevas generaciones seguirán sintiendo una especial pertenencia a su patria, y mantendrán un vínculo que los ligará con esta y con sus compatriotas, puesto que las costumbres y tradiciones son parte esencial de la identidad de una nación.

8 0
3 years ago
Why is communism disappearing?<br><br> Hint: (demand market v. Command market)
Luda [366]

Answer:

Because of the overpowering status of Capitalism.

Explanation:

In Marxist and Communist Thought or Ideology (sometimes the same thing), there are many different perspectives on the matter. The Classical Marxist thought would say that Communism never truly existed, and cannot be a regime. False regimes have come up under the guise of Communism (but truly monarchies without religion), but they were truly supporters of the Capitalist cause (which isn't as much an unjust cause as it is a necessary cause). Without Capitalism, true Communism would never come around.

Marxist-Leninists might say that they disappeared because of rightist agendas of some members of Communist parties. Or they might say that Communism has not died out, but lives on in places such as DPRK (North Korea) and Venezuela or Cuba.

8 0
2 years ago
Read 2 more answers
Could you help with the question, please?
spayn [35]

Answer:

When the world price is $9.00 per barrel, imports are 10.25 million barrels per day.

Explanation:

This can be explained as following:

- At the domestic equilibrium, the quantity supplied and demanded were:

  • Qs = Qd = 9.3 million

- When the world price is $9.00 (P=9), the domestic demanded and supplied quantity were:

  • Demand: Qd = 15 - (1/4)x9 = 12.75 million
  • Supply: Qs = -2 + (1/2)x9 = 2.5 million

When the domestic supply is 2.5 million barrels per day while the domestic demand is 12.75 million barrels per day, the domestic still lacks:

  • 12.75 - 2.5 = 10.25 million barrels per day

So that they need to import 10.25 million barrels per day.

7 0
3 years ago
The company has an unadjusted debit balance in Accounts Receivable of $25,000 and an unadjusted credit balance of $10 in Allowan
KATRIN_1 [288]

Answer:

Date        Description              Dr.             Cr.

Dec 31   Sales discounts       $200

             Allowance for sales discounts   $200

Explanation:

Expected sales discounts. $10,000 × 2% = $200

As the discount is expected and according to the accrual accounting concept the expenses accrued or expected to incurred should be recorded in the period in which revenue of that expense is recorded. Discount of 2% is expected to be availed by the customer amounting sales of $10,000. and it will be availed after year end as discount period will end after year end.

3 0
2 years ago
Other questions:
  • Can a company be good at corporate social responsibility but not be sustainability-oriented? Is it possible to focus on sustaina
    9·1 answer
  • Medical accounts collection enters into a contract to employ natalie as a billing and credit manager for two years. during the f
    10·1 answer
  • 1.What are things you can do to manage the risks in your life to reduce any financial losses?
    9·1 answer
  • A share of ownership in a company is known as which of the following?
    13·2 answers
  • IRS regulations govern the computation of gross profit for GAAP. computation of net income for GAAP. computation of net income f
    9·1 answer
  • Federal Semiconductors issued 12% bonds, dated January 1, with a face amount of $100 million on January 1, 2018. The 20-year bon
    8·1 answer
  • Laura Cervantes is a currency speculator and she sells eight June futures contracts for 500,000 pesos at the futures price of 0.
    7·1 answer
  • Lester's Markets has total revenues of $3,811, costs of $2,902, depreciation of $315, interest expense of $168, and taxes of $89
    11·1 answer
  • What does social responsibility mean to you personally? Do you think business organizations
    13·1 answer
  • 9. Calculating the price elasticity of supply Rajiv is a college student who lives in Chicago and does some consulting work for
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!