"C"
Fixed hourly wages are not a solution of a principal agent problem because principal agent problem mean different objective of the manger and the principal that hourly wages will not fix.
Which of the following is NOT a solution to the manager-worker principal-agent problem? Multiple Choice Sales...
The LEAST risky payment plan from the viewpoint of the worker is: Multiple Choice piece rate. ( ) profit sharing. C) revenue sharing. O hourly wage. Prey 6 of 20 Next >
In the principal-agent model, the manager is modeled as having all of the following elements except: Multiple Choice Provides effort. Outcomes of actions. Decision-making. Risk aversion.
Which of the following Institutions may result in hold-up? 11 Multiple Choice Vertical integration Piece rates Long-term contracts Spot markets
Which of the following best describes credit sales? Multiple Choice Cash sales to customers that are new to the company. Sales to customers using credit cards. Sales to customers on account. Sales with a high risk that the customer will return the product. $22.000; 9 A company reported the following amounts at the end of the year: total sales revenue = $624,000; sales allowances - $6,000; sales returns net revenues $588,000. What amount did the company report for sales discounts...
en Parcial Multiple Choice: (22 points) cates the percentage of each sales dollar that is available to cover fixed 1. Which of the fol Which of the following costs is an example of fixed cost a. Hourly wages of machine operators b. Plant manager salary c. Direct materials d.-Direct labor 2. Which ratio indicates the percentage costs and to provide a profit? a. Margin of safety ratio 6. Contribution margin ratio c. Costs and expenses ratio d. Profit ratio 3....
Paying an above-equilibrium wage rate might reduce unit labor costs by Multiple Choice increasing the supply of labor. 0 increasing the opportunity cost to workers of being fired for sharing 0 increasing voluntary worker turnover. permitting the firm to attract lower quality labor 0 < Prev 19 of 40 Next > 23 8 7 8 Economists would not consider which one of the following to be a productive economic resource? Multiple Choice erreno O capital goods money N Defined narrowly...
Which of the following is an internal control for checks received through the mail? Multiple Choice ) The accounting department counts the cash, prepares the deposit slip and deposits the cash in the bank. O The mai es gives che The mail clerk gives checks to the person who makes the bank deposit. The accounting department register with the cash count sheet. The Cashier prepares a journal quantity sold, and cash received. Comparing the cash in the register with the...
Which of the following is an example of a typical exempt salarled employee? (O Multiple Choice eBook 0 Operations Manager 0 Accounting Clerk O Machine Operator 0 Administrative Assistant.
Which statement about the break-even point is false: Multiple Choice The break-even point is where sales are equal to variable costs. The break-even point can be expressed in both units sold and in sales dollars. The break-even point is where contribution margin is equal to fixed costs. O O The break-even point is the level of sales at which point profit is zero.
Which of the following is an assumption underlying standard CVP analysis? Multiple Choice The price of a product or service is expected to change as volume changes. 0 Fixed expenses will change as volume increases. In multiproduct companies, the sales mix is constant. С C In manufacturing companies, inventories always change. If sales volume increases and all other factors remain constant, then the: Multiple Choice net operating income will decrease. O margin of safety will increase. contribution margin ratio will...