SCENARIO 4-5 Allied World Exporting Inc.employs Many Individuals Worldwide,and Has Discovered That

question 57

Multiple Choice

SCENARIO 4-5
Allied World Exporting Inc.employs many individuals worldwide,and has discovered that not all are motivated by the same things.They have decided to develop different plans for the different segments of their workforce,depending upon their job,culture,and location.Those employed by the company include mill and factory workers,managers,sales people,contingent or temporary workers,part-time workers,and full-time permanent employees.

-Referring to SCENARIO 4-5,the sales representatives in Japan will likely be most motivated by

• A)ongoing opportunities for education and training.
• B)autonomy.
• C)recognition through the form of commission.
• D)being a member of a successful team.
• E)bonuses based on individual performance.

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Definitions:

FIFO Method

"First In, First Out," an inventory valuation method where goods purchased or produced first are sold or used first.

Equivalent Units

A calculation used in process costing that converts partially completed units into a number of complete units of output, facilitating the assessment of productivity and efficiency.

First Processing Department

Typically the initial stage in a manufacturing process where raw materials are first transformed into work-in-process.

Cost Reconciliation Report

A detailed report that reconciles and explains the differences between the expected costs and the actual costs incurred.