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A Manager Reduces an Employee's Pay When the Employee Comes

question 11

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A manager reduces an employee's pay when the employee comes to work late and refrains from doing so when the employee is on time.What has the manager done?


Definitions:

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and loan payments.

Variable Costs

Costs that vary directly with the level of production or sales, such as materials and labor.

Net Income

The amount of money left over after all expenses and taxes have been subtracted from total revenue.

Units

Units refer to the individual components or quantities of a product, investment, or other items that are counted or measured.

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