Which of the Following Best Describes Profit-Sharing Plans

question 70

Multiple Choice

Which of the following best describes profit-sharing plans?

• A) They provide a more powerful incentive in small firms than in large firms.
• B) They are practically impossible to use successfully in small firms.
• C) They are similar to individual incentive plans in their motivational effect.
• D) They are an expensive fringe benefit for small firms,costing 40 percent of payroll.

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Definitions:

ICD-9-CM

International Classification of Diseases, Ninth Revision, Clinical Modification; a medical classification list for coding diseases, symptoms, and procedures.

ICD-10-CM

International Classification of Diseases, Tenth Revision, Clinical Modification; a system used by healthcare providers to classify and code all diagnoses, symptoms, and procedures.

Always At Least 3 Characters

A requirement in data input or programming that asserts a string or input must contain a minimum of three characters.

ICD-9-CM

The International Classification of Diseases, Ninth Revision, Clinical Modification, a system used in the United States for coding and classifying morbidity data until replaced by ICD-10-CM.