Q1. Members learn to quickly reject ineffective learning methods and ideas. Question: Which Of The Following Describes A Profit-sharing Plan? Capital A/c. An association of persons. If you are going to ask the most from your employees, they will expect something in return. completed first? In the budgeting and planning process for a firm, which one of the following should be Answer (b) is incorrect because tactical profit plans are detailed. responsibilities. Which of the following statements describes the most common experience of Native Americans after encountering Europeans for the first time? Which of the following best describes business strategy? C. Employees have the option to give up part of their base wage Which one of the following is usually not cited as being an advantage of a formal budgetary process? An association of persons, owning property in order to make a profit. Answer (c) is correct because tactical profit plans have the characteristics A) The manager is only responsible for controlling costs. New questions in … (d) Software that controls network communications and the sharing of resources Employees have the option to invest part of the base wage in b) the possibility of making a profit. a. Provides society with social or educational services without concern for making a profit c. Establishes goals and meets them in an efficient manner d. Helps the economy by employing people e. It is a special account. Reasons for having a profit-sharing plan: Profit sharing makes the link between work and reward. Identify and discuss the three basic profit-sharing plans. a. operations management questions and answers. (1 point) Native Americans thought the settlers had nothing to offer them in trade or knowledge. A means of determining … We thoroughly check each answer to a question to provide you with the most correct answers. b. Which of the following characteristics of profit-sharing plans may be viewed as negative from the perspective of an employer? Let us know about it through the REPORT button at the bottom of the page. Increasingly, pay is not enough. D. ... Profit or Loss on the sale of fixed assets is transferred to. B) Not-for-profits cannot be organized for any person's private gain. Answer: whether they are pursuing growth or profit-related objectives: 31) Which of the following levels of competition can be determined from observation and external data sources? An association of persons, owning and managing a business in order to make a profit. C) Not-for-profits have to dissolve when the owner leaves or dies. It is a list of closing balances . Which of the below option best describes the process of insurance? A) labor unions. One in which the leadership is governed by a board of directors O One in which the… A movement in price from one level to another usually caused by a market event that leaves a gap in the chart. & B) indirect financial compensation. EXPLANATION:It is a retirement plan that gives employees a share in the profits of a company … A trading strategy designed to profit from falling markets. if the organization reaches a set goal. Employees Have The Option To Invest Part Of The Base Wage In A Health Savings Fund Or School Savings Fund. Which of the following best describes the nature of allowances for salaries and interest in a partnership profit and loss sharing agreement? a) the probability of achieving an improbable event. D) legislation The resulting fraction is then multiplied by the percentage of profit the company has decided to contribute to profit sharing to determine each employee’s share of the total company contribution. D)increase profit sharing … However, a budget also performs the function(s) of. plans are detailed. responsibilities at all levels. View desktop site. Which of the following best describes investment risk? system except that budgets. thanks for the answer. B. ANSWER:Employees receive a percentage of dividends paid to stockholders based on the organization's performance. A signal phrase may appear before, in the middle, or after researched information you are sharing. Answer (a) is incorrect because tactical profit plans are quantitative with detailed assigned responsibilities. Employees Have The Option To Give Up Part Of Their Base Wage In Return For Additional Indirect Compensation. Answer (a) is incorrect because A. Privacy Which of the following best describes a trial balance? D. © 2003-2021 Chegg Inc. All rights reserved. 52) What are the advantages and disadvantages of team-based pay? C)establish significantly larger marketing budgets. Answer: D. all of the above from a to c describes the best of network operating system. Derivative Instruments and Hedging Activities, Financial Markets and Securities Offerings, Profitability Analysis and Analytical Issues, Responsibility Accounting and Performance Measures, All of the following are advantages of the use of budgets in a management control A) using foreign exchange to fund new foreign direct investments B) purchasing foreign currency in anticipation of long-term trends C) using foreign-exchange instruments to speculate for profit D) purchasing foreign currency on one market for immediate resale on another market. Definition. Cost plus pricing. responsibilities at all levels. of being quantified, detailed and short-term, and assigning Which of the following accurately describes a 403(b) plan? Which of the following best describes 'price'? a. A signal phrase should appear before the researched information you are sharing. One overall effect of the encroachment of the Internet and social media into every aspect of our lives is to cause companies to A)lose control over the flow of information. Which of the following best describes a network operating system? Members meet their social needs and reduce time and effort spent studying. B)gain greater control over the flow of information. Which of the following best describes the requirements of a partnership? Term. The major objectives of any budget system are to, One of the primary advantages of budgeting is that it, A budget helps a company control costs by setting cost guidelines. Solution for Which of the following best describes a non-profit organization? A. a form of government in which the people are represented by elected leaders B. a system of sharing power between the state and national governments C. a form of government in which the people have political control over their government D. Provides goods and/or services to customers b. Question1 Marks: 1 Which of the following is NOT a characteristic of a small business? Answer An association of persons, owning property, sharing gross receipts. Sharing the losses of many by a few B. C. Shows all the entries in the books. A. A profit-sharing plan is a retirement plan that gives employees a share in the profits of a company. (I choose this) c. A term used to describe a type of order. plans are detailed, short-term, quantitative, and include assigned 53) In most cases, which of the following is NOT a contextual influence on direct financial compensation? Which of the following best describes the manager of a profit center? Employees Receive A Percentage Of Their Base Wage As A Bonus If The Organization Reaches A Set Goal. (b) A configuration of devices to support network operation. a. 30) Which of the following best describes the type of information a marketing manager would need to know when determining the competitor's major objectives? Which of the following best describes "gapping" a. 10. Click to rate this post! Native Americans wanted to make a large profit by selling their land to the Europeans. D) Not-for-profits cannot hire executive officers to run the business. A. Revaluation A/C. (c) Software used to protect microcomputers on a network from virus infection. b. Which of the following could a business use to ensure a profit is made when an item is sold? Which of the following best describes arbitrage? Which one of the following best describes the role of top management in the budgeting A 403(b) plan is a noncontributory qualified profit sharing plan b. c. A signal phrase should appear in the middle of the researched information you are sharing. All of the above . 51) What is a profit-sharing plan? Question: Which Of The Following Describes A Profit-sharing Plan? B. When comparing performance report information for top management with that for lower-level management, An improperly executed budget process might have the effect(s) of. | C) labor market. process? 1. a health savings fund or school savings fund. [Total: 1 Average: 5] Contents hide 1 About these courses 2 Terms and answers to learn … CITI Training Responsible Conduct (RCR) Quiz Answers Read More » Solution for Which of the following best describes a non-profit organization? A. B) They eliminate the "free rider" principle by holding everyone accountable. See answer. Which of the following best describes federalism? Answer (c) is correct because tactical profit plans have the characteristics of being quantified, detailed and short-term, and assigning responsibilities at all levels. Terms Members discover how to retreat from opinions that are unpopular. C. Profit & Loss A/c . aubrey0101aubrey0101. Choose one answer. Which Of The Following Describes A Profit-sharing Plan? B. Which of the following describes a profit-sharing plan? E) Not … (c) The requirement is to define a tactical profit plan. a. a strategy for determining the firm's overall attitude toward growth and the way it will manage its businesses or product lines b. a strategy at the business-unit or product-line level that focuses on improving a firm's competitive position Top management. A distinction can be made between free sharing, such as genuine sharing, and for-profit sharing, often associated with companies such as Uber, Airbnb, and Taskrabbit. Each organization plans and budgets its operations for slightly different reasons. B. Answer (d) is incorrect because tactical profit Sharing the losses of few by many C. One sharing the losses of few. C) The manager is only responsible for generating revenues. Select the option which best describes suggested end users for RealPresence Desktop ... What is the easiest way to stop sharing an application while in a call using RealPresence Desktop Which of the following best describes a benefit of sharing points of view and learning techniques in a study group? a conduit of information to/from that organization. (a) Hardware needed for the operation of a network. Employees Receive A Percentage Of Dividends Paid To Stockholders Based On The Organization’s Performance. tactical profit plans are quantitative with detailed assigned D. Sharing of losses through subsidy Answer: Option B Multiple Choice 1. B) The manager is responsible for generating profits and efficiently managing the center's invested capital. Found a mistake? 1.Which of the following describes a profit-sharing plan? A. A. Employees receive a percentage of their base wage as a bonus Answer (b) is incorrect because tactical profit C) They are more complex than gain-sharing plans. A. Which of the following best describes the proper use of a signal phrase? A) They align employee and employer interests. in return for additional indirect compensation. The use of capabilities oriented functional task forces, such as special operations and counter improvised explosive device (IED) task forces, is a significant evolution in joint task force organization. A) Not-for-profits do not pay their employees.