As Indicated in the Spotlight on Small Business Box,"Small Incentives

question 46

True/False

As indicated in the Spotlight on Small Business box,"Small Incentives Can Be Big Motivators",it is difficult if not impossible for small businesses to take the time to motivate their employees with open communication and/or by providing jobs with broad responsibilities due to the fact that the labor force is usually small and there just isn't time for these kinds of associations.

---

Definitions:

Direct Materials

Resources that can be directly associated with the manufacture of particular goods or services.

Job-Order Costing

A cost accounting method by which costs are assigned to specific jobs or batches, making it possible to calculate the cost per job accurately.

Direct Labor

The labor cost of workers who are directly involved in the production or manufacture of goods or services.

Work in Process

Partially finished goods that are still in the process of production. They are considered an asset on the company's balance sheet.