Irrelevant costs are costs that are

a. different among alternatives.
b. avoidable costs.
c. opportunity costs.
d. sunk costs.

D

Business

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Consent, self-defence and provocation can be complete defences to a claim of assault and battery

Indicate whether the statement is true or false

Business

Which of the following statements regarding incentive systems is FALSE?

A) Bonuses are often used at the executive levels. B) About half of all American manufacturing firms use productivity incentives. C) Profit-sharing systems provide some part of the profit for distribution to employees. D) The Scanlon plan is based on individual productivity. E) Increasing use of cross-training has led to increasing use of knowledge-based pay systems.

Business