Question

The use of a standard cost system is a great employee motivator because each negative variance causes the employee to work harder, especially if management is very diligent about follow-up punitive me...

The use of a standard cost system is a great employee motivator because each negative variance causes the employee to work harder, especially if management is very diligent about follow-up punitive measures.

True

False

0 0
Add a comment Improve this question Transcribed image text
Answer #1

TRUE.

Explanation:

Standard costing is an effective tool with which the employee will be motivated to work harder for their inefficient areas which comes to their notice in a periodic interval.

Add a comment
Know the answer?
Add Answer to:
The use of a standard cost system is a great employee motivator because each negative variance causes the employee to work harder, especially if management is very diligent about follow-up punitive me...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Playgrounds and Performance: Results Management at KaBOOM! (A) We do this work because we want to...

    Playgrounds and Performance: Results Management at KaBOOM! (A) We do this work because we want to make a difference in the world; how can we go further faster? - Darell Hammond, CEO and co-founder, KaBOOM! Darell Hammond stepped onto the elementary school playground and took a long, slow look around. It was 8 a.m. on an unusually warm fall day in 2002 and the playground was deserted, but Hammond knew the children would start arriving soon to admire their new...

  • Case Study 12: Hong Kong Police’s Project Management B Chuah Background In the 1990’s, Hong Kong...

    Case Study 12: Hong Kong Police’s Project Management B Chuah Background In the 1990’s, Hong Kong Police (HKP) was responsible for the public safety and internal security of Hong Kong. She came under the umbrella of the Security Bureau of the Government of Hong Kong. It had more than 34,000 employees, of these, over 26,000 were disciplinary staff. This was the largest department within the hierarchy of the Government of Hong Kong. The organization structure of HKP was rather complicated....

  • with job satisfaction? CC-12. Using job characteristics theory, explain why the present system of job design...

    with job satisfaction? CC-12. Using job characteristics theory, explain why the present system of job design may be con- tributing to employee dissatisfaction. Describe some ways you could help employees feel more satisfied with their work by redesigning their jobs. 1 me idea about **** Repairing Jobs That Fail to Sati Learning Goals Companies often divid ciency, but speciali quences. Drain sed specialization petitors' costs often divide work as a way to impro Secialization can lead to negative DrainFlow is...

  • RADICO’S CHALLENGE The executive staff at Radico Corporation was quite pleased with the one-day training program...

    RADICO’S CHALLENGE The executive staff at Radico Corporation was quite pleased with the one-day training program they attended on the benefits of using agile and Scrum on some of their projects. Radico provided products and services to both public and private sector clients, almost all of it through competitive bidding. IT was not required for any of the products and services Radico provided. Agile and Scrum had proven to be successful on internal IT projects, but there were some concerns...

  • 1. Focusing on only the inpatient care cost (i.e., ignoring operating room costs), what is the...

    1. Focusing on only the inpatient care cost (i.e., ignoring operating room costs), what is the cost of a TAH (non-oncology) under each of the cost accounting systems? A tuboplasty? A TAH (oncology)? What accounts for the differences? Croswell University Hospital This report doesn't describe where our costs are generated. We're applying one standard to all patients, regardless of their level of care. What incentive is there to identify and account for the costs of each type of procedure? Unless...

  • STEP 1: In your own words define problem employees and the categories they may fall into....

    STEP 1: In your own words define problem employees and the categories they may fall into. For the second or last paragraph provide your opinion on which employee type is the most difficult. DEFINITION : I think that "problem employees" are employees that either directly or indirectly hinder the organization's mission or vision, and break down into roughly four categories. In general, problem employees can be classified into two broad categories - employees creating problems for the organization and employees...

  • THE BIG D COMPANY The Big D Company of Dallas, Texas, was a family owned, conservatively...

    THE BIG D COMPANY The Big D Company of Dallas, Texas, was a family owned, conservatively managed company. For over forty years the company enjoyed slow, steady growth in reaching its current employment level of just over 200. All expansions were financed entirely out of earnings. As the company grew, its operating procedures were periodically re-examined and modified to cope with the complex problems that accompany growth. The company developed, manufactured, and sold metering and flow control devices used in...

  • The discussion: 150 -200 words. Auditing We know that computer security audits are important in business....

    The discussion: 150 -200 words. Auditing We know that computer security audits are important in business. However, let’s think about the types of audits that need to be performed and the frequency of these audits. Create a timeline that occurs during the fiscal year of audits that should occur and “who” should conduct the audits? Are they internal individuals, system administrators, internal accountants, external accountants, or others? Let me start you: (my timeline is wrong but you should use some...

  • Please read the article and answer about questions. You and the Law Business and law are...

    Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...

  • I need help with my very last assignment of this term PLEASE!!, and here are the instructions: After reading Chapter T...

    I need help with my very last assignment of this term PLEASE!!, and here are the instructions: After reading Chapter Two, “Keys to Successful IT Governance,” from Roger Kroft and Guy Scalzi’s book entitled, IT Governance in Hospitals and Health Systems, please refer to the following assignment instructions below. This chapter consists of interviews with executives identifying mistakes that are made when governing healthcare information technology (IT). The chapter is broken down into subheadings listing areas of importance to understand...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT