Merchandiser - Study guides, Class notes & Summaries

Recommended guideline a manager should use if an employee's performance differs from the expected? - Address and find mutual agreement How should resources be allocated to avoid overwhelming a performer? - Make them aware of what is available What should a manager do when a performer has difficulty recognizing when to act on a specific task? - Take a specific direction A team member sets the holes correctly and is assigned this task routinely. What is the result of this? - Reinforced the...

ACCT101 Exam Questions With 100% Correct Answers Each of the following are examples of a merchandising company except: - answerMichael's lawn mowing Gross profit is: - answerequal to net sales less cost of goods sold A company reports net sales of $600,000, cost of goods sold of $200,000, and net income of $100,000. Its gross profit equals: - answer$400,000 Merchandise inventory includes: - answer- costs to purchase - shipping costs - costs to prepare for sale Place the operating cycl...

What is the effect of a company's accounting department maintaining high ethical standards? The company can hire fewer accountants to do the same amount of work. The company's accounting information will decrease in value. The company can report more favorable results in its financial statements. The company's accounting information will increase in value. - ANS The company's accounting information will increase in value. Why might employees be interested in their company...

ACCT101 Exam Questions With 100% Correct Answers Each of the following are examples of a merchandising company except: - answerMichael's lawn mowing Gross profit is: - answerequal to net sales less cost of goods sold A company reports net sales of $600,000, cost of goods sold of $200,000, and net income of $100,000. Its gross profit equals: - answer$400,000 Merchandise inventory includes: - answer- costs to purchase - shipping costs - costs to prepare for sale Place the operating cycl...

What is the effect of a company's accounting department maintaining high ethical standards? -The company can report more favorable results in its financial statements. -The company's accounting information will decrease in value. -The company can hire fewer accountants to do the same amount of work. -The company's accounting information will increase in value. - Answer-The company's accounting information will increase in value. Why might employees be interested in their company's fin...

What type of organization is owned by its stockholders?Corporation What is a Business Entity?Represents an economic unit that can provide a service, sell a product, a merchandiser or manufacture and sell a product. What is The Going Concern Principle?Think of the train tracks that from your prospective it is the allusion that the tracks never end. How is business performance measured?Dividing the life of the company into small pieces of time, usually years. Measure business activity and...

Recommended guideline a manager should use if an employee's performance differs from the expected? - Address and find mutual agreement How should resources be allocated to avoid overwhelming a performer? - Make them aware of what is available What should a manager do when a performer has difficulty recognizing when to act on a specific task? - Take a specific direction A team member sets the holes correctly and is assigned this task routinely. What is the result of this? - Reinforced the...

PGA Level 3 Study Guide - 3.0 Questions with Solutions (Latest )Recommended guideline a manager should use if an employee's performance differs from the expected? - correct answersAddress andfind mutual agreement. How should resources be allocated to avoid overwhelming a performer?- correct answersMake them aware of what is available. What should a manager do when a performer has difficulty recognizingwhen to act on a specific task? - correct answersTake a specific direction. A team member s...

PGA PGM Level 3 3.0 Full Study Guide Recommended guideline a manager should use if an employee's performance differs from the expected? Address and find mutual agreement How should resources be allocated to avoid overwhelming a performer? Make them aware of what is available What should a manager do when a performer has difficulty recognizing when to act on a specific task? Take a specific direction A team member sets the holes correctly and is assigned this task routinely. What is the r...

What is an example of direct materials? Cost of robotic equipment in making automobiles Cost of sandpaper in making wood furniture Cost of saws and hammers in constructing a house Cost of aluminum in making an airplane - ANS Cost of aluminum in making an airplane What is the effect of a company's accounting department maintaining high ethical standards? The company can hire fewer accountants to do the same amount of work. The company can report more favorable results in its financial...