Frito-Lay Corporation ties its compensation for frontline operations managers to developing their skills in leadership, workforce development, and functional excellence. This is known as
a. gainsharing.
b. profit sharing.
c. skill-based pay.
d. merit-based pay.
e. bonuses.
Ans: c. skill-based pay.
Business
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The actual execution of open market operations is done at
A) the Board of Governors in Washington, D.C. B) the Federal Reserve Bank of New York. C) the Federal Reserve Bank of Philadelphia. D) the Federal Reserve Bank of Boston.
Business
Analytical procedures are substantive tests and, if the results of the analytical procedures are favorable, the auditor would normally
A) reduce the extent of tests of details of balances. B) reduce the extent of tests of controls. C) reduce the tests of transactions. D) reduce all of the other tests.
Business