As a New Manager at a Department Store, You Are

question 78

Multiple Choice

As a new manager at a department store, you are excited to learn that you may receive a bonus if everyone in your department reaches their sales goals for the quarter. A bonus is considered which type of compensation?

• A) salaries and wages
• B) benefit
• C) commission
• D) incentive

---

Definitions:

Cash Dividend

A financial distribution from a firm's profits to its investors, typically provided as cash.

Stockholders’ Equity

The ownership claim of shareholders on total assets. It is to a corporation what owner’s equity is to a proprietorship.

Cumulative Preferred Stock

A type of preferred stock that entitles shareholders to receive dividend arrearages in full before any dividends can be issued on other shares.

Par Value

The nominal or face value of a stock or bond, as stated by the issuing company.