Matching ​Match Each Statement with the Correct Item Below

question 93

Multiple Choice

Matching
​
Match each statement with the correct item below.
-​Keep-or-drop decisions

• A)​the difference in total cost between the alternatives in a decision
• B)​determine whether or not a segment should be kept or dropped
• C)​limited resources and limited demand for each product
• D)​a specific set of procedures that produces a decision
• E)​the point at which products that have common processes and costs of production become distinguishable
• F)​method of determining the cost of a product based on the price that customers are willing to pay
• G)​decisions involving a choice between internal and external production
• H)​products that have common processes and costs of production up to a point
• I)​past costs that cannot be affected by future decisions
• J)​a percentage applied to the base cost to cover other costs plus profit
• K)​determine whether a specially priced order should be accepted or rejected
• L)​determine whether it is more profitable to process a joint product further

Understand the relationship between the current account balance and the capital and financial accounts balance.

Recognize the significance of remittances and other transfers in the balance of payments.

Interpret how international investment and debt forgiveness transactions impact the financial account.

Understand the impact of exchange rate fluctuations on national currencies' relative value.

---

Definitions:

Merit Pay Programs

Compensation programs where employees receive bonuses or pay increases based on their performance evaluations.

Straight Commission Plans

Compensation plans where an employee's earnings are directly tied to the sales or revenue they generate, without any base salary.

Commissions

Incentive pay calculated as a percentage of sales.

Salesperson

An individual who sells goods and services to consumers or businesses, often working on commission.