Question
It is not uncommon for childhood centers to charge a late fee e.g., a flat fee of $20 plus $1 per minute thereafter (e.g.
It is not uncommon for childhood centers to charge a late fee – e.g., a flat fee of $20 plus $1 per minute thereafter (e.g. $50 if 30 minutes late). What are the pros and cons (costs and benefits) of charging parents or careers a fee if they are late to pick up their children?
Do you think that monetary incentives are always successful in motivating behavior? What might be some limitations or disadvantages of providing monetary incentives?
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Financial Accounting
Authors: Charles Horngren, William Thomas, Walter Harrison, Greg Berberich, Catherine Seguin
5th Canadian edition
133472264, 978-0133446265, 133446263, 978-0133472264
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