Describe Managers' Behaviors That Might Indicate a Need for Change

question 43

Essay

Describe managers' behaviors that might indicate a need for change.

---

Definitions:

Internal Controls

Procedures and measures taken by a business to safeguard its assets, ensure accuracy and reliability in accounting records, and enhance operational efficiency.

Payroll

The total amount paid to employees for services they provided during a certain period.

Double Time

A pay rate that is twice the employee's regular hourly rate, often applied for working on holidays or overtime.

Cumulative Earnings

The total amount of net income earned by an individual or entity over a period, often used in the context of calculating pensions or other benefits.