An Example of a Fixed Ratio Schedule Would Be Giving

question 35

True/False

An example of a fixed ratio schedule would be giving an employee a sales commission every time he makes a sale.False: An example of a continuous schedule would be giving an employee a sales commission every time he makes a sale.Medium;Comprehension

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Definitions:

Planning Budget

A budget created for a particular level of activity; it can be adjusted over time as actual activity levels change.

Wages

Payments made to employees for their labor or services, typically calculated on an hourly, daily, or piecework basis.

Net Operating Income

The profit generated from a company's core business operations, excluding expenses and revenues from non-operating activities.

Net Operating Income

A measure of a company's or property's profitability after subtracting all operating expenses from the revenue generated from operations.