Changes in Account Balances of Multi-Plus Inc

question 23

Multiple Choice

Changes in account balances of Multi-Plus Inc.during 2010 were: Assuming that there were no charges to retained earnings other than dividends of $62,000, the net income for 2010 was:

• A) ($7,000)
• B) $55,000
• C) $117,000
• D) $257,000
• E) none of the answers are correct

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Definitions:

Task Identity

The degree to which a job requires completion of a whole and identifiable piece of work, meaning the employee can see the outcome of their efforts.

Skill Variety

describes the degree to which a job requires a range of different activities and skills for its completion, contributing to employee satisfaction and motivation.

Flexible Work Hour Plans

Flexible work hour plans refer to employment arrangements that allow employees to vary their arrival and departure times, as well as sometimes where they work from.

Compressed Workweeks

Work schedules that allow employees to work full-time hours in fewer days by extending daily work hours.