Author Question: Another name for the statement of financial position is the A) income statement. B) statement of ... (Read 61 times)

drink

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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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Answer to Question 1

E

Answer to Question 2

D



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