The Degree of Discretion Managers Have to Make Total Compensation

question 21

Multiple Choice

The degree of discretion managers have to make total compensation a strategic tool is referred to as _____.

• A)managerial accountability
• B)democratic accountability
• C)managerial autonomy
• D)managerial liability

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Definitions:

Manufacturing Overhead

All factory-related costs that are incurred during the manufacturing process, excluding direct materials and direct labor.

Factory Depreciation

The systematic allocation of the cost of a manufacturing plant over its useful life.

Advertising Budget

The financial allocation set aside by a business for promoting its products or brand.