If Firms Have to _______ of the Workers They Train

question 2

Multiple Choice

If firms have to _______ of the workers they train to keep them from being poached the firm's costs may increase by _________ as the increase in revenue,which gives employers _______ to invest in training of their workers.

• A) Raise wages; the same amount; no incentive
• B) Raise wages; less than; a strong incentive
• C) Lower wages; more than; no incentive
• D) Raise prices; more than; a strong incentive

Prepare schedules for allocating service department costs to production/operating departments using the direct method.

Prepare schedules for allocating service department costs to production/operating departments using the step-down method.

Distinguish between variable and fixed costs in the context of cost allocation.

Understand the components and structure of a manufacturing company's income statement.

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Definitions:

Reduced

A term often used in chemistry to describe the gain of electrons or decrease in oxidation state by a molecule, atom, or ion.

Oxidized

Describes a process where an atom, molecule, or ion loses electrons, often associated with a gain of oxygen or loss of hydrogen in chemical reactions.

Photophosphorylation

The production of ATP in photosynthesis.

ATP Synthesis

The metabolic process by which cells produce ATP (adenosine triphosphate), the primary molecule used by cells for energy transfer.