Which of the following statements aboutforms of variable pay are true?Group of answer choicesA bonus is simply a one-time payment ofa piecework rate.Stock options are a category of job-sharing pay plans.Profit-sharing plans are also called piece-rate plans.Gain-sharing is a motivational plan basedon group productivity.Profit-sharing plans are based on theconcept that intrinsic rewards are moremotivating than extrinsic rewards.

Variable pay refers to the sales remuneration portion which is dependent through job performance. It…

Answered: Which of the following statements about…

Which of the following statements about forms of variable pay are true? Group of answer choices A bonus is simply a one-time payment of a piecework rate.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Which of the following statements about
forms of variable pay are true?
Group of answer choices
A bonus is simply a one-time payment of
a piecework rate.
Stock options are a category of job-
sharing pay plans.
Profit-sharing plans are also called piece-
rate plans.
Gain-sharing is a motivational plan based
on group productivity.
Profit-sharing plans are based on the
concept that intrinsic rewards are more
motivating than extrinsic rewards.

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