Workers Who Are Paid a ________ Receive a Fixed Compensation

question 409

Multiple Choice

Workers who are paid a ________ receive a fixed compensation weekly, biweekly, or monthly.

• A) commission
• B) salary
• C) piece rate
• D) royalty

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Definitions:

Profit Margin

An indicator of a company's financial health, calculated as net income divided by revenue, and expressed as a percentage.

Sales Increase

The rise in the volume or value of sales of goods and services over a specific period.

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not expected to be converted into cash in the near term.

Inventory

The totality of goods or materials a company holds for the purpose of selling in the market or using in production.