Performance Management

1.What are the pros and cons of linking incentive pay to individual performance?  How can organizations address the negatives?
2. Suppose you are a human resource professional at a company that is setting up work teams for production and sales.

What group incentives would you recommend to support this new work arrangement?

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What is the last step in developing the master budget?

A. preparing the cash budget

B. preparing the budgeted income statemen

C. preparing the cost of goods manufactured budget

D.preparing the budgeted balance sheet Amounts on the budgeted balance sheet come from all the other budgets.

An unfavorable materials quantity variance indicates that:

(A) standard material allowed for output exceeds the actual usage of material.

(B) actual usage of material exceeds the standard material allowed for output.

(C) standard material price exceeds actual price.

(D) actual material price exceeds standard price

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