The Return on a Futures Contract Is Calculated as

question 101

Multiple Choice

The return on a futures contract is calculated as

• A) (purchase price - selling price)/purchase price.
• B) (selling price - purchase price)/purchase price.
• C) (purchase price - selling price)/margin deposit.
• D) (selling price - purchase price)/margin deposit.

Recognize the importance of job evaluations in determining the worth of each job within the organization.

Identify the role of positive psychology elements, such as mental imagery and positive self-talk, in enhancing employee motivation and performance.

Appreciate the historical context and current applications of job specialization and rotation.

Understand the benefits and criticisms of performance-based rewards in motivating employees.

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Definitions:

Journal Entries

The recording of financial transactions and events in the books of accounts, in chronological order, detailing the financial effects of business transactions and events.

Payroll Tax Expense

Taxes that are levied on an employer based on the wages and salaries paid to employees.

FICA-OASDI

Refers to the Social Security portion of the Federal Insurance Contributions Act tax, funding Social Security retirement, disability, and survivor benefits.

FICA-OASDI

The Federal Insurance Contributions Act tax for Old-Age, Survivors, and Disability Insurance, which funds Social Security.