The chief executive officer of Coca Cola Company in Nizwa was very happy with his sales team for their performance in the year 2020, despite the covid-19 pandemic. Because of this development, the chief executive officer decided to include a very good package to the compensation plan for the existing salesmen and even the new recruits. Some of the benefits includes VIP membership card for golf sport, Club membership for prestigious Gym in Muscat, international medical coverage, maternity leave and many other benefits. What kind of compensation plan did the chief executive officer apply for his staff? a. Fringe benefit b. Commission Bonus benefit d. Combined benefit
The chief executive officer of Coca Cola Company in Nizwa was very happy with his sales team for their performance in the year 2020, despite the covid-19 pandemic. Because of this development, the chief executive officer decided to include a very good package to the compensation plan for the existing salesmen and even the new recruits. Some of the benefits includes VIP membership card for golf sport, Club membership for prestigious Gym in Muscat, international medical coverage, maternity leave and many other benefits. What kind of compensation plan did the chief executive officer apply for his staff? a. Fringe benefit b. Commission Bonus benefit d. Combined benefit
Chapter9: Deductions: Employee And Self-employed-related Expenses
Section: Chapter Questions
Problem 42P
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![The chief executive officer of Coca Cola Company in Nizwa was very happy with his sales team for
their performance in the year 2020, despite the covid-19 pandemic. Because of this development,
the chief executive officer decided to include a very good package to the compensation plan for
the existing salesmen and even the new recruits. Some of the benefits includes VIP membership
card for golf sport, Club membership for prestigious Gym in Muscat, international medical
coverage, maternity leave and many other benefits. What kind of compensation plan did the chief
executive officer apply for his staff?
a. Fringe benefit
b. Commission
O c.
Bonus benefit
d. Combined benefit](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F31ace4d5-5d8b-41f6-a2aa-98fa0e1dbf12%2F235484b7-ee86-4868-a423-4f0788bc2892%2Fu48h17a_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The chief executive officer of Coca Cola Company in Nizwa was very happy with his sales team for
their performance in the year 2020, despite the covid-19 pandemic. Because of this development,
the chief executive officer decided to include a very good package to the compensation plan for
the existing salesmen and even the new recruits. Some of the benefits includes VIP membership
card for golf sport, Club membership for prestigious Gym in Muscat, international medical
coverage, maternity leave and many other benefits. What kind of compensation plan did the chief
executive officer apply for his staff?
a. Fringe benefit
b. Commission
O c.
Bonus benefit
d. Combined benefit
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