BUSINESS HIGH SCHOOL

Mallory gets paid a set amount of money based on the time she puts in at her place of work. This amount of money is not tied to the quality of the raw materials, accidents, or other constraints in the production process. This payment system refers to

Answers

Answer 1
Answer:

Answer:

the time rate system

Explanation:

The wage payment system is divided into three major types:

  1. Time rate:  employees are paid on the basis of time, e.g. per hour, day or week. This payment system doesn't consider any type productivity factors. The main advantage of using this payment system is its simplicity: e.g. amount of hour worked x wage per hour = total salary.
  2. Piece rate: employees are paid on the basis of quantity and quality of work performed (productivity).
  3. Incentive wage: combination of the two prior systems, where employees are paid a fixed time rate plus a bonus or incentive pay depending on productivity.

Answer 2
Answer:

Final answer:

Mallory is paid under a fixed-wage or salaried system where her earnings are based on the time she puts in at work, regardless of the quality or quantity of the work done. Rather than being tied to outputs or variable factors, her payment solely relies on her working hours.

Explanation:

The payment system that Mallory is subject to is typically known as a fixed-wage or salaried system. This form of payment is not dependent on the quality of inputs or other variable factors but instead is tied to the time that she puts in at work. This is in contrast to a piece-rate system where payment is dependent on the quantity of output produced, or incentive-based systems that might account for raw materials, accidents, and other variable constraints in the production process.

In a fixed-wage system, Mallory earns the same amount of money each period (hourly, weekly, monthly, etc.) regardless of the quality or quantity of the work she does. The only factor influencing her earnings is the number of periods (hours, days, weeks) she works because her employer has predetermined the wage per period. This system is beneficial to the worker as it provides income stability and predictability.

Learn more about the Fixed-wage system here:

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Management is the attainment of organizational goals in an effective and efficient manner through ______, ______, ______, and ______ organizational resources.

Answers

Answer: Planning, organizing, leading and controlling.

Explanation: Planning refers to setting of objectives and goals. Organizing focuses on collection of resources to attain those objectives. Leading refers to persuading the employees to work on plan. Whereas, controlling refers to taking actions for effective implementation of the plan made.  

   Together these four terms are described as functions of management which helps an organization to achieve its goals.

Answer:

planning, organizing, leading and controlling

Explanation:

hope it helps ;)

Which of these is a common tax form in the United States? 40B 1001Z 1040Z All of the above

Answers

Answer:

1040 Z is the correct answer

Explanation:

Classify the following goods according to whether or not they would be included in calculating the GDP for the United States. All goods should be placed. If a country is not specified, you can assume the action is performed in the United States.1. Honda's assembly and sale of cars in the U.S. 2. Sale of wheat to Mrs. Baird's Bakery 3. Resale of used textbooks to college students 4. GM's assembly and sale of cars in Mexico 5. Ocean Spray purchases plastic to make bottles 6. Old Navy purchases mannequins to display clothes

Answers

Answer:

we will classify them in the explanation below.

Explanation:

To be included in calculating US GDP                                    

  • Honda's assembly and sale of cars in the US: this is because the cars were produced domestically in the US
  • Old Navy purchases mannequins to display clothes: this is because the mannequins were already finished products when they were bought.

Not to be included in calculating US GDP

  • Sale of wheat to Mrs. Baird's Bakery: this is because the wheat was not exchanged at the market, but rather will be used in the bakery.
  • Resale of used textbooks to college students: this is because only newly produced goods are included in GDP calculation.
  • GM's assembly and sale of cars Mexico: this will be added to Mexico's GDP and America's GNP.
  • Ocean Spray purchase of plastic to make bottles: this is because the value of the plastic will be reflected in the price paid by the consumer after the bottle has been made.

For each of the items listed below, indicate whether the item would be reported in the A) introductory section (I),

B) financial section (F),

C) financial section as MD&A (MDA),

D) financial section as RSI (RSI),

E) the statistical section (S).

1. BUDGETARY SCHEDULE

2. LETTER OF TRAN

Answers

Answer:

Note: The complete question is attached below as picture

Indication of how they should be reported are as follow:

1) Budgetary Schedules : FINANCIAL SECTION AS RSI (RSI)

2) Letter of Transmittal : INTRODUCTORY SECTION (I)

3) Legal debt limitations and debt margin : STATISTICAL SECTION (S)

4) A description of government's financial conditions : FINANCIAL SECTION AS MD&A (MDA)

5) Property tax collection and levy information : STATISTICAL SECTION (S)

6) Defined benefit pension plan schedules : FINANCIAL SECTION AS RSI (RSI)

7) Financial highlights of the fiscal year : FINANCIAL SECTION AS MD&A (MDA)

8) Auditors report : FINANCIAL SECTION (F)

9) 10-year data trend : STATISTICAL SECTION (S)

10) Notes to the financial report : FINANCIAL SECTION (F)

If a pension plan has not established an irrevocable trust to account for defined benefit pension plan contributions and distributions, a government participating in the plan would report its net pension liability in its proprietary fund and government-wide financial statements.True / False.

Answers

Answer:

The statement is incorrect, the answer is False.

Answer:

False is the correct answer.

Explanation:

A pension plan is a retirement plan that needs an employer to make contributions to a pool of funds set aside for a worker's future benefit. In this case, it is false that if a pension plan has not established an irrevocable trust to account for defined benefit pension plan contributions and distributions, a government participating in the plan would report its net pension liability in its proprietary fund and government-wide financial statements.

"How does filing bankruptcy limit your quality of life?

Answers

Here are some reasons why filing bankruptcy will limit your quality of your lives :

- Bankruptcy will ruin your credit score
- I will potentially make you loss your property
- It will make it nearly impossible for you to get a mortgage
 
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