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Author Question: Another name for the statement of financial position is the A) income statement. B) statement of ... (Read 28 times)

drink

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  • Posts: 554
on: Jul 14, 2018
Another name for the statement of financial position is the
 A) income statement.
  B) statement of owners' equity.
  C) earnings statement.
  D) statement of changes.
  E) balance sheet.

Question 2

If Berkeley Shirtmakers ties compensation directly to output by paying an employee a certain amount for each unit of output produced, it is using
 A) the soldiering system.
  B) an illegal system.
  C) the Mayo system.
  D) a piece-rate system.
  E) a system that reduces the pay of most manufacturing employees.


jesse.fleming

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Reply #1 on: Jul 14, 2018
Answer to Question 1

E

Answer to Question 2

D


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