Crescendo Inc

question 160

Multiple Choice

Crescendo Inc.distributes music instruments nationwide.Reductions in high school music programs and the economic recession have led to a sharp downturn in sales.Because of this,a salary freeze has been in effect for three years and increases in supplementary health care premiums have cut into workers' take-home pay.Nevertheless,the firm has avoided layoffs,the workforce has experienced minimal turnover,and the firm has lost only a handful of employees,mostly for health reasons.The CEO considers this continuity of the workforce a healthy sign,but the human resources director is not as positive.She feels that the workplace culture is too internally focused and is based on maintaining job security rather than looking for ways to be truly engaged in the company's goals. Which of the following,if true,would support the HR director's position that the firm's workforce is at risk of becoming disengaged?

• A)National polls show that less than a third of all employees are fully engaged in their work.
• B)The firm's stated vision holds that each employee must be committed to the company's goals.
• C)There are few job openings at Crescendo for which Crescendo employees can apply.
• D)Crescendo offers only voluntary training programs to prepare workers for job advancement.
• E)Appraisal reviews of employees are held only once a year.

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Definitions:

Actual Construction Costs

The total expenses incurred during the construction of a building or infrastructure, including materials, labor, and any other costs.

Expenditures

Money spent or costs incurred in an organization's efforts to generate revenue.

Farmer

An individual engaged in the practice of agriculture, raising living organisms for food or raw materials.

Percentage-Of-Completion Method

An accounting technique used in long-term contracts, recognizing revenue and expenses based on the project's estimated completion level.