If a Business Decided to Classify Its Expenses Under the Headings

question 17

Multiple Choice

If a business decided to classify its expenses under the headings 'Selling and Distribution,' 'General and Administrative' and 'Financial,' into which groupings would 1. depreciation of sales staff's motor vehicles and 2. bad debts written off, fall?

• A)1. general and administrative; 2. financial.
• B)1. selling and distribution; 2. financial.
• C)1. financial; 2. selling and distribution.
• D)1. selling and distribution; 2. general and administrative.

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Definitions:

Cross-Training

A method where employees are trained to perform multiple roles or tasks outside their original job function, to enhance versatility and flexibility in operations.

Reward Systems

Mechanisms or programs designed within an organization to recognize and reward employee performance, often with the aim of motivating and retaining employees.

Intrinsic Rewards

Satisfaction derived from the activity itself rather than from external rewards, fostering internal motivation.

Extrinsic Rewards

are benefits or incentives given to an individual from an external source, such as money, praise, or awards.