Gainsharing Plans Differ from Profit-Sharing Plans in That

question 45

Multiple Choice

Gainsharing plans differ from profit-sharing plans in that

• A)gainsharing plans use organization-wide performance parameters.
• B)gainsharing plans distribute payouts more frequently.
• C)gainsharing plans make lump sum payments.
• D)gainsharing plans can be attached to all types of jobs in the organization.
• E)gainsharing plans discourage pursuit of broader goals of the group.

Understand the concept of ecological mimicry and its types.

Explain the significance of keystone species beyond their abundance.

Recognize various ecological effects such as the edge effect and the role of dominant and keystone species in ecosystems.

Understand adaptations in species for defense against predators and the significance of coloration.

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Definitions:

Straight-Line

A method of allocating the cost of a tangible asset over its useful life in equal yearly amounts.

Carrying Amount

The value at which an asset is recognized in the balance sheet after deducting accumulated depreciation and impairment losses.

Residual Value

The estimated value that an asset will realize upon its disposal at the end of its useful life.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was put into use.