Compensation paid in proportion to the number of units of personal output best describes piece rates. When an employee is paid on a piece rate, they are paid per unit.
This means that the worker is paid based on how much is picked, packed, pruned, or made. The piece rate system boosts employee productivity by making sure they are focused on achieving their goals. A worker can be employed to work shifts that are paid hourly and on a piece rate basis.
An employee is compensated on a piece rate basis. This indicates that the amount picked, packed, pruned, or made determines the employee's compensation rate. Piece rates are used instead of the hourly or weekly pay rate when payment is made.
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A mortgage is a that type of loan which is used to purchase or maintain any home or land or other types of real estate.
The borrower always agrees to pay the lender an amount over time, generally in a series of regular payments which are divided into principal and interest. The property is then served as collateral to secure the loan.
The history of mortgages in the United States was very turbulent. Market disruptions which arose from the Great Depression lead to the creation of government institutions which backed the mortgages.
The Home owners loan corporation, the federal national mortgage association and The federal housing administration were some of the institutions which were formed as government institutions.
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True. Property taxes are local government largest source of tax revenue.
Answer:
a. True
Explanation:
It is correct to say that a company like Haier, which has become a global leader in the household appliance industry segment, has developed a beneficial strategy for success, as entering a global market can be a great challenge for companies, as it requires business, product and services of the company to the local market that includes cultural and social differentiation in the preferences for products and services. So it is correct to say that the company has adopted a beneficial global strategy that gives it significant advantages such as market positioning, cost reduction, greater competitive capacity, greater brand value, increased profitability, etc.
Answer:
$91,500
Explanation:
Given that cash collection pattern is as follows; month of sale, 75%; month following the month of sale, 20%; and a 2% discount for cash collections in the month of sale, it means that cash estimated for collection in December will include;
- 75% sales in December (net of the 2% discount to be given)
- 20% sales in November
Discount for December cash collection
= 2% * 75% * $100,000
= $1500
Hence, net cash estimated to be collected in December
= 75% * $100,000 + 20% * 90,000 - $1500
= $75,000 + $18,000 - $1500
= $91,500