The Key to Having a Successful Suggestion System,as a Means

question 31

Multiple Choice

The key to having a successful suggestion system,as a means to reward employee suggestions,is to:

• A) adopt every contribution that is submitted.
• B) penalize employees who make inappropriate suggestions.
• C) clearly communicate how the system works.
• D) limit the system to managerial personnel alone.

Understand the concepts of bond valuation, interest computations, and amortization methods.

Comprehend the disclosure requirements for various types of liabilities and the financial statement presentation.

Calculate and record transactions related to notes payable and interest expense.

Recognize the proper treatment and recording of payroll and related liabilities.

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Definitions:

Opportunity Cost

The cost of an alternative that must be forgone in order to pursue a certain action, essentially the benefits you could have received by taking another course of action.

EVA

Economic Value Added, a measure of a company's financial performance based on the residual wealth calculated by deducting its cost of capital from its operating profit.

Operating Income

This metric reflects the profits earned from a company's core business operations, excluding non-operating income and expenses.

Cost Of Capital

The essential return rate an enterprise has to produce on its investment activities to sustain its market assessment and appeal to investors.