Answer: d. A provision related to the achievement of certain performance criteria
Explanation:
While compensatory plans are used in order to compensate the employees of a particular company, the noncompensatory stock option is one whereby the employees of a company are allowed to purchase the stock of that company at a particular price t a specific price and at a particular time period.
Some of its characteristics include:
• participation by substantially all full-time employees who meet limited employment qualifications.
• equal offers of stock to all eligible employees.
• a limited amount of time permitted to exercise the option.
Option D that "provision related to the achievement of certain performance criteria" isn't a characteristics. Therefore, D is the answer.
Answer:
= $490
Explanation:
<em>Under the </em><em>First-in-First-Out </em>( FIFO ) <em>method of inventory valuation, inventories are valued using the price of the earliest batch in stock until the batch is exhausted when the price of the next oldest batch is used and so on.</em>
Date sale units Workings Value
10 10 × $19 190
20 (10 × $19)+( 10 × $20) 390
The cost o he merchandise = $190 + $390
= $490
Answer:
Debit to sales discounts for $100
Explanation:
Please see journal entry to record the sales below;
a. Dr accounts receivable $5,00
To sales revenue account $5,000
(Being merchandise that is sold on credit basis)
Suppose payment is made within 10 days, the journal entry will be;
Dr Cash account $4,900
Sales discount account $100
(5,000 × 2%)
To accounts receivable $5,000
(Being cash that is received)
Answer:
The correct answer is letter "B": potentially useful in forming economic policy.
Explanation:
Economic models are abstractions that try to simplify phenomena of the real world. Economic models are the assumption that economists make to understand the diverse economic events that occur. Those models could be theoretical or mathematical in some cases.
<em>Economic models can help governments establish economic policies based on facts of the environment and the variables affecting that community.</em>