S3 Business Influences

Job costing is used for unique jobs

• True

• False

External factors are also known as...

• TESTEP

• PESTEL

• PESTEC

• PASTLE

"Wanting a fair wage" is an interest of...

• Customers

• Government

• Bank

• Employees

The minimum wage being increased is a...

• Political factor

• Economic factor

• Environmental factor

• Social factor

Which of the following can help improve cash flow?

• Buying more materials

• Buying a new van

• Selling unwanted assets

• Reducing the price of goods

What kind of stakeholder is a manager

• Internal

• External

What one is financial method of motivation?

• Training

• Bonuses

• Teamworking

• Praise

"Increased productivity" is a benefit of employee motivatoin

• True

• False

"No work is done when the employee is away" is a disadvantage of what type of training?

• On the job

• Off the job

• Induction

In job costing, the selling price is calculated by:

• Expenses + Materials

• Total Costs + Profit %

• Total Costs - Profit %