In a Performance Management Process,a Fixed-Ratio Schedule

question 47

Multiple Choice

In a performance management process,a fixed-ratio schedule:

• A)Rewards employees after a specific number of desired responses or behaviours have occurred.
• B)Refers to the desired number of new employees to be recruited within a specific period.
• C)Rewards employees at fixed intervals of time.
• D)Refers to the desired amount of products to be produced within a specific period.

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Definitions:

Petty Cash Account

A small fund kept on hand for minor or incidental expenses, managed through a system of vouchers for tracking outflows.

Receipts

Documents acknowledging the receipt of payment for goods or services received.

Currency

The system of money in general use in a particular country.

NSF Check

A check that cannot be processed because the drawer's account does not have sufficient funds, standing for Non-Sufficient Funds.