Is it generally true that all wage payments are ultimately limited by and are usually based, directly

Question:

Is it generally true that all wage payments are ultimately limited by and are usually based, directly or indirectly, on the productivity of the worker? Explain.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost Accounting

ISBN: 978-0759338098

14th edition

Authors: William K. Carter

See More Books

Question Posted: May 03, 2016 05:30 AM

See More Questions

Joe Reese is the accountant for Lawn Boyz Lawnservice, Inc. During the month, numerous payments were made for wages for which he was properly debiting the Wage Expense account and crediting Cash. Joe...
Jim Peterson is the accountant for ProCare Lawnservice, Inc. During the month, numerous payments were made for wages for which he was properly debiting the Wage Expense account and crediting Cash....
Participative Living, Inc. (a fictitious name), is a charitable organization in a medium-size community in Canada. It was organized by parents of disabled adults to provide accommodation and training...
Is it possible to produce an iron-carbon alloy that has a minimum tensile strength of 690 MPa (100,000 psi) and a minimum ductility of 40%RA? If so, what will be its composition and microstructure...
Using the following data from the comparative balance sheet of Solais Bed & Breakfast, illustrate horizontalanalysis. Accounts receivable Inventory Total assets December 31, 2008 $ 540,000 S 840,000...
In providing accounting services to small businesses, you encounter the following situations pertaining to cash sales. LO4 1. Cavanaugh Pizza rings up sales and sales taxes separately on its cash...
What are the steps in the research process?
Klein Sisters Products Inc. manufactures a liquid product in one department. Due to the nature of the product and the process, units are regularly lost at the beginning of production. Materials and...
coffee shop costs $24,000 to open. The firm expects cash flows of $34,500 at the end of one year and borrows $10,171 to pay for the shop. The risk-free rate is 5% and given the risk, the coffee shop...
Figure P8.36 shows the soil profile at a site where you plan to lower the water table. You have results from two consolidation tests, one from the upper 12 ft thick over-consolidated crust, and...
Hammer Corporation is an automotive supplier that uses automatic machines to manufacture precision parts from steel bars. The company's inventory of raw steel averages $600,000, with a turnover rate...
State the basic concept underlying the relationship involved in the cumulative-average-time learning curve model.
Use the information for Kleckner Corporation from IFRS21.4. Assume that at December 31, 2020, Kleckner made an adjusting entry to accrue interest expense of $20,133 on the lease. Prepare Kleckners...
4. Consider the RC circuit shown below: R C C2 The capacitors are connected in parallel. Use C = 120 F, C = 30F, R = 5002, and = 40V. The capacitors are initially uncharged and at t=0 the switch is...
The DuPont equation shows the relationships among asset management, debt management, and profitability of improving the firm's performance. Its equation is: ratios. Management can use the DuPont...
38. A pendulum bob of mass 0.200 kg is pulled to one side such that it has a height of 0.50 m relative to its rest position (that is, its lowest point). It is then released so that it swings back and...
Let A in K ^ ( n \ times n ) be an ( n \ times n ) - matrix. Show that there ist a basis B of K ^ n that consists of eigenvectors of A .
Using the "you" view is an effective way for writers to avoid taking on blame in business messages. O True False
The standard deviations of U.S. and Mexican returns over the period 1989-1993 were 12.7% and 29.7%, respectively. In addition, the correlation between the U.S. and Mexican markets over this period...
Open Text Corporation provides a suite of business information software products. Exhibit 10-9 contains Note 10 from the companys 2013 annual report detailing long-term debt. Required: a. Open Text...
Distinguish between a joint product and a byproduct?
Why might the number of products in a joint-cost situation differ from the number of outputs? Give an example.
Why might the number of products in a joint-cost situation differ from the number of outputs? Give an example.
why should Undertake research to review reasons for previous profit or loss?
A pension fund's liabilities has a PV01 of $200 million. The plan has $100 billion of assets with a weighted average modified duration of 8. The highest duration bond that the plan can invest in has...
Metlock Limited has signed a lease agreement with Lantus Corp. to lease equipment with an expected lifespan of eight years, no estimated salvage value, and a cost to Lantus, the lessor of $170,000....

Is it generally true that all wage payments are ultimately limited by and are usually based, directly

Question:

Step by Step Answer:

Yes to the extent that it is practical to measure the value added or the productivit...View the full answer

Cost Accounting

Students also viewed these Managerial Accounting questions