Posting

question 161

Multiple Choice

Posting

• A) should be performed in account number order.
• B) accumulates the effects of journalized transactions in the individual accounts.
• C) involves transferring all debits and credits on a journal page to the trial balance.
• D) is accomplished by examining ledger accounts and seeing which ones need updating.

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Definitions:

Motivation

Motivation refers to the processes that account for an individual's intensity, direction, and persistence of effort toward attaining a goal.

Compressed Workweeks

Are arrangements in which the employee works the required number of hours (typically 40) but does so in fewer than 5 days. For example, a 4-day, 10-hour-a-day work schedule is fairly common.

Flexible Work Hour Plans

Are plans in which employees usually must still work 40 hours per week and typically 5 days a week but in which they have control over the starting and ending times for work on each day.

Piece-rate Incentive Plan

A compensation system where employees are paid based on the amount of output they produce.