Person-focused pay programs are not suitable for all kinds of jobs. Based on your understanding of person-focused pay concepts, identify at least one job for which this basis for pay is inappropriate. Feature Person-Focused Job-Based
Pay level determination Market basis for Market basis
skill valuation for job valuation
Base pay Awarded on how much Awarded on the
an employee knows or value of compensable
on skill level factors
Base pay increases Awarded on an employee's Awarded on attaining
gain in knowledge or skills a job-defined goal
Job promotion Awarded on an employee's Awarded on seniority
skills base and proficiency or exceeding job
on past work performance standards
Key advantage to employees Job variety and enrichment Perform work and receive
pay for a defined job
Key advantage to employers Work scheduling flexibility Easy pay system
administration

Expert computers was started in 2018. the company experienced the following accounting events during its first year of operation: started business when it acquired $40,000 cash from the issue of common stock. purchased merchandise with a list price of $32,000 on account, terms 2/10, n/30. paid off one-half of the accounts payable balance within the discount period. sold merchandise on account for $28,000. credit terms were 1/20, n/30. the merchandise had cost expert computers $16,000. collected cash from the account receivable within the discount period. paid $2,100 cash for operating expenses. paid the balance due on accounts payable. the payment was not made within the discount period. required record the events in a horizontal statements model below. in the cash flows column, use the letters oa to designate operating activity, ia for investing activity, fa for financing activity, or nc for net change in cash. if the account is not affected by the event, leave the cell blank. the first event is recorded as an example. what is the amount of gross margin for the period? what is the net income for the period?