Which of the Following Makes a Promotion Tournament (Where the Winner

question 7

Multiple Choice

Which of the following makes a promotion tournament (where the winner gets a large prize, such as a promotion) an effective for motivating workers?

• A) Contestants must cooperate with each other to make the firm productive.
• B) The person who wins gets a prize equal to how much better they are than others.
• C) It is uncertain as to who will win.
• D) There are many persons competing for the prize.

---

Definitions:

Ending Finished Goods Inventory

The value of products available for sale at the end of an accounting period, after all manufacturing costs are accounted for.

Fixed

Refers to something that is unchanging and stable, often used in the context of expenses or assets that do not vary with production volume.

Variable

An element, feature, or factor that is likely to vary or change; in scientific experiments, this is the factor being tested or measured.

Product Cost

Product cost refers to the total expenditure incurred to create a product, including direct materials, direct labor, and manufacturing overhead.