Suppose that your employee Richard has been having trouble with the paperwork he must do for his job. Your goal is for the employee to improve his performance; i.e. decrease his rate of errors. You are considering two approaches: Option 1 is to spend time with Richard every day helping him with his job and appreciating him every time he performs well. This is an appealing option to Richard because he appreciates the attention and sees it as a reward. Option 2 is to tell Richard that he would not be entitled to any incentive until his performance improves. Option 1 in the scenario above is an example of____________.a. negative reinforcement.b. extinction.
c. punishment.
d. none of the above
e. positive reinforcement.

Answers

Answer 1

Answer:

Answer:(E) Positive reinforcement

Explanation:

According to the given scenario, the positive reinforcement is one of the type of psychological behavior that helps in strengthening the behavior of the organisms.

The Option (1) is basically illustrating the concept of the positive reinforcement as Richard is spend his maximum time in the job and appropriate him when he perform well in the work.

The positive reinforcement is one of the type of operant conditioning in which it define the various types of new behavior and focuses on reducing the unwanted things.

Therefore, Option (E) is correct answer.

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Andy’s subordinates say that they love working for Andy because he inspires them to not only believe in the organization but to believe in their own potential as well. Based on this example, Andy can best be described as what type of leader? A. Transformational
B. Servant
C. Authentic
D. Transactional
E. Interactive

Answers

Andy can best be described as transformational leader.

Option A

Explanation:

Tranformational leader is the one who works along with the team members to establish the required change, creating a vision to train or guide by inspiring the team and executing the change.

Here it has been given that Andy’s subordinates feels comfortable to work for him and he inspires them.

The other options,

Servant: The objective of the servant type of leader is to serve his subordinates.

Authentic: They create honest relationships with their subordinates and promote openness.

Transactional: The objective of transactional leader is to promote compliance by subordinates via both punishments and rewards.

Interactive: They involve their subordinates in the tasks and make them to understand goals and tasks.

So, it can be concluded that, Andy is a transformational leader.

To what account would a debit be posted if employees worked during a period when they had not yet been paid?A. Unearned Revenue
B. Salaries Payable
C. Service Revenue
D. Salaries Expense

Answers

Answer:

D. Salaries Expense

Answer:

Salaries Expense

Explanation:

A way to account for petty cash by maintaining a constant balance in the petty cash account and which at any time requires that cash plus petty cash tickets must total the amount allocated to the petty cash fund, is known as the ________.

Answers

Answer:

Imprest system

Explanation:

An imprest system is an accounting system where a fixed amount is reserved which needs to be replenished when required after a period of time. The source of the replenishment will be from another source for example from a bank account.

The imprest system only allows a replenishment of the amount that has been spent. For example of a petty cash account has $500 and $300 was spent that month, at the end of the month the $300 spent will be replaced.

Sometimes compensation packages include bonuses designed to provide performance incentives to employees. The difficulty a bonus can cause accountants is not an accounting problem, but a math problem. The complication is that the bonus formula sometimes specifies that the calculation of the bonus is based in part on the bonus itself. This occurs anytime the bonus is a percentage of income because expenses are components of income, and the bonus is an expense.Regalia Fashions has an incentive compensation plan through which a division manager receives a bonus equal to 8% of the division's net income. Division income in 2013 before the bonus and income tax was $245,000. The tax rate is 30%.

Calculate the amount of the bonus.

Answers

Answer:

The amount of bonus=$12,992.42

Explanation:

Step 1: Express the formula as one of more algebraic equations

Let B=Bonus

Let T=Taxes

B=8%x($245,000–B–T)...equation 1

T=30%x($245,000–B)...equation 2

Since we have the value of T in equation 2, we can substitute it in equation 1 above;

B=8%x{(245,000–B–30%x(245,000–B)}

B=0.08 x {245,000-B-73,500+0.3 B}

B=0.08 x {245,000-73,500-B+0.3 B}

B=0.08 x {171,500-0.7 B}

B=13,720-0.056 B

B+0.056 B=13,720

1.056 B=13,720

B=(13,720/1.056)=$12,992.42

The amount of bonus=$12,992.42

Step 2: Prepare the adjusting entry to record the bonus compensation

Bonus compensation expense 12,992.42

Bonus compensation payable 12,992.42

What steps can you take to prevent yourself from being affected by a market correction? Explain.

Answers

Nobody like losing money. Market correction is something that no one canforecast. To protect ourselves from market correction, here are some ways youcan take:

1. Avoid listening tofinancial analysts. Ignore the predictions.

2. Study the kind ofmarkets you put your money into. Understanding how they work can help you alot.

3. Be ready to risk.

4. Avoid being impulsiveon your decisions.

5. Think about the risksand the probability of a potential return; from there you can decide what youneed to do.

Autoworkers agree to a cut in the nominal wage rateautoworkers agree to a cut in the nominal wage rate. this event ______ short-run aggregate supply and ______ long-run aggregate supply

Answers

Increase; does not change

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What part of a check is the LEAST important?