Why Do Different Methods of Time Collection Devices (E

question 3

Multiple Choice

Why do different methods of time collection devices (e.g. ,time cards,biometric devices) exist among companies?

• A)They replace personnel with computers,which prevents ethical issues.
• B)They maintain precise tracking of employee whereabouts.
• C)They promote compensation accuracy that matches company needs.
• D)They alleviate the need for internal control.

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Definitions:

Exercise Price

The specified price at which the option holder can buy (in case of a call option) or sell (in case of a put option) the underlying asset.

Stock Option Plans

Programs that grant employees the option to purchase a company's stock at a predetermined price, often used as a form of compensation.

Market Price

The current price at which an asset or service can be bought or sold in a marketplace.

Treasury Shares

Stock that has been bought back by the issuing company, reducing the amount of outstanding stock on the open market.