The answer is given below:
celebratory rights and rituals
In an organization rights and rituals are used to celebrate success, achievements, accomplishments etc which includes mile stone rewards when the employees complete a certain period of successful time in the organization.
When a company rewards their employees for years of service, this is known as Multiple Choice...
6. Reward systems and motivation (Connect) Shutterstock Images At Southwest Airlines, employees participate in every decision the company makes-.chuding the financial ones. Their pavoft for their efforts includes owning part of the company. This reflects a rewards system that includes: O Pay for knowledge O Gainsharing Lump-sum bonuses Employee stock options NACCO believes that employees will work most effectively when all employees benefit directly from the organization's success. NACCO uses an organization-wide incentive called: O Profit sharing Organizational development O...
10. Multiple Choice Question It is known that a particular company produces products of which 30% are defective. We select items at random and identify it as being defective or not. Calculate the probability that the sixth selected item will be the 3rd defective. A. 0.38282 B. 0.09261 C. 0.24518 D. 0.75494 E. none of the above 11. Multiple Choice Question Let X1,..., X10 be a random sample from a population with mean y and variance o?. Consider the following...
1. Three major challenges facing supply executives when setting supply strategies and objectives are: Multiple Choice (1) How can we simultaneously provide uninterrupted supply and minimize inventory? (2) How can we improve quality while reducing our supply base? and, (3) How can we increase our involvement in outsourcing decisions? (1) What is the effective interpretation of corporate objectives and supply objectives? (2) What is the appropriate action plan or strategy to achieve the desired objectives? and, (3) How can supply...
The capability building process entails Multiple Choice developing the ability to do something, however imperfectly or inefficiently, and molding these efforts into an organizational ability, and as experience grows and personnel perform the activity consistently well and at an acceptable cost, it is transformed into a tried-and-true competence and as they continue to polish and refine their know-how into further improvements, they then create a real competitive capability appropriate coordinating mechanisms, and those networking and communications arrangements considered necessary to...
When a company changes from LIFO to another inventory method, the change is reported Multiple Choice as a change in an accounting estimate. prospectively because it is impractical to determine the effects of this change on prior years’ net income. as an error correction. using the retrospective approach.
When the direct write-off method is used: Multiple Choice 0 the estimated amount of bad debts is debited to Bad Debt Expense. 0 the estimated amount of bad debts is debited to Allowance for Doubtful Accounts the estimated amount of bad debts is debited to which account Accounts Receivable. 0 bad debts are not estimated 0 A company bought land and a building for $128,000. The building has a useful life of 20 years. Why should the company split the...
Employees Love SAS SAS, a software company established in 1976, has consistently been praised as one of the best places to work. Year after year, the company receives high rankings and awards from magazines such as Fortune and Working Mother. Review the three segments of the case and write your responses as instructed. Because employees do the actual work of the business and influence whether the firm achieves its objectives, most top managers agree that employees are an organization's most...
When changing from the average cost method to FIFO, the company: Multiple Choice a. Includes in current year’s income the cumulative after-tax difference that would have resulted if the company had used FIFO in all prior years. b. Revises comparative financial statements. c. Records a journal entry to adjust the book balances from their current amounts to what those balances would have been using FIFO. d. All of these answer choices are correct.
When changing from the average cost method to FIFO, the company: Multiple Choice Includes in current year’s income the cumulative after-tax difference that would have resulted if the company had used FIFO in all prior years. Revises comparative financial statements. Records a journal entry to adjust the book balances from their current amounts to what those balances would have been using FIFO. All of these answer choices are correct. Next
Intermediate Accounting 2 - Chapter 20: Multiple Choice 1. A pension liability is reported when a. the accumulated benefit obligation is less than the fair value of pension plan assets. b. the projected benefit obligation exceeds the fair value of pension plan assets. c. accumulated other comprehensive income exceeds the fair value of pension plan assets. d. the pension expense reported for the period is greater than the funding amount for the same period. 2. The relationship between the amount...