Which gain sharing plan bases incentives on the ratio between labor costs and sales value of production (SVOP)?
A) Rucker Plan
B) referral plan
C) Scanlon Plan
D) Improshare
Answer: C
Business
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What is a GIS? Describe at least three ways in which a GIS could be used by modern business
What will be an ideal response?
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The advantage of the weighted-average method is:
A) an equal cost is assigned to each unit so net income does not fluctuate as much as with other methods. B) flow of goods and flow of costs are the same. C) it matches current selling prices and current costs. D) old costs are matched against current income.
Business