The Advice to Managers Today Is to __________

question 108

Multiple Choice

The advice to managers today is to __________.

• A)pay lots of attention to affective factors such as moods and emotions
• B)pay little attention to affective factors such as moods and emotions
• C)pay lots of attention to affective factors such as ethics and values
• D)pay little attention to affective factors such as ethics and values
• E)totally ignore employee attitudes,moods,and emotions

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Definitions:

Cash Basis of Accounting

An accounting method where revenues and expenses are recognized only when cash is received or paid.

Accrual Basis of Accounting

Accrual basis of accounting is a method where revenue and expenses are recorded when they are earned or incurred, regardless of when the cash is actually received or paid.

Defined Benefit Pension Plan

A type of pension plan where the benefits that a retiree will receive are calculated based on factors such as salary history and duration of employment.

Service Cost

The expense recognized by an employer for the portion of projected benefit obligations earned by employees in the current period in a defined benefit plan.