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asambeis [7]
2 years ago
15

A relatively inflexible compensation system is , which determines the value of the jobs employees hold rather than paying indivi

duals for the capabilities they bring to the organization.
Business
1 answer:
Rudik [331]2 years ago
3 0

This type of compensation system is called job-based pay.

This model of compensation determines <u>how much the employee would get paid according to the tasks that the employee has to do</u>. Pay raise in this type of compensation model would be determined by work tenure.

An alternative to this model is called <em>knowledge-based compensation</em> or <em>person-based pay.</em> In this approach, the individual receives compensation based on the skills and knowledge that person has to do the job. Thus, the more competent you are in the type of tasks you need to do, the higher the pay you will receive.

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Prepare journal entries to record the declaration and payment of these stock and cash dividends. 2. Prepare the December 31, 202
erma4kov [3.2K]

Answer:

Retained Earning (Dr.) $295,000

Stock Dividend Payable (Cr.) $295,000

To record stock dividend

Retained Earnings (Dr.) $157,800

Cash (Dr.) $157,800

To record cash dividend

Explanation:

Statement of Shareholder's Equity

Retained Earnings Beginning Jan 21 $1,275,000

Net Income $2,250,000

Cash Dividend $157,800

Stock Dividend $295,000

Retained Earning Ending $3,072,200

5 0
3 years ago
What effect do rising input costs have on the price of a good.
Genrish500 [490]

Answer:

Explanation:

Inputs are the factors required for production to take place. They may include labor and raw materials. In economics, inputs are the four factors of production that include land, labor, entrepreneurship, and capital.

The final cost of a product is dependent on the costs of production. The cost of production is an aggregation of the cost of each input used in the production. For a company to stay in operation, it must meet all its production costs. These costs are spread to each unit produced.  A high production cost will result in an expensive product. Should the cost of any of the input increase, then the overall cost of the products will rise.

4 0
3 years ago
Which payment method typically charges the highest interest rates
34kurt
Credit cards and Payday loans
8 0
2 years ago
The factors that need to be determined to compute depreciation are an asset's: a.Cost, residual value, and physical life. b.Cost
kumpel [21]

Answer:

d.Cost, residual value, and service life

Explanation:

The depreciation of an asset is the systematic allocation of cost for the use of the asset over its useful life.

Depreciation is usually computed using the formula below

Depreciation  =  (cost - salvage value)/useful life

The difference between the cost and salvage value is the depreciation base of the asset over its entire useful life.

As such, the right option is d.Cost, residual value, and service life

4 0
2 years ago
Ford motor co. has separate divisions for passenger cars, for large trucks, and for farm products. ford is an example of an orga
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<span>range of products, which effectively provides the public with a fundamental tool at this time, both to work and to have fun in a recreational activity. They can also offer the models of their vehicles a comfort for the whole family.</span>
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2 years ago
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