Work Should Be Performed by an Individual If ________

question 53

Multiple Choice

Work should be performed by an individual if ________.

• A) the work is complex and requires different perspectives
• B) the work creates a common purpose or set of goals for the people in the group that is more than the aggregate of individual goals
• C) the work is simple and does not require diverse input
• D) several tasks that are interdependent are to be performed for completing the work
• E) performing the work requires learning a new technology or understanding a new system

Distinguish between various job search strategies and tools.

Grasp the different compensation mechanisms in the workplace.

Understand the components and benefits of various types of job searching strategies including internet searches and classified advertisements.

Recognize the importance and structure of continuing education units for professional certification.

---

Definitions:

Absorption Costing

In this accounting procedure, the full scope of manufacturing costs, covering direct materials, direct labor, and both kinds of manufacturing overhead—variable and fixed—is accounted for in the product's pricing.

Ending Inventory

The total value of goods available for sale at the end of an accounting period.

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted; this contribution covers fixed expenses and generates profit.

Absorption Costing

An accounting method that includes all direct costs and allocated overheads in the cost of a product or service, as opposed to variable costing which excludes certain overheads.