Deferred Profit-Sharing Is an Incentive Plan That

question 12

Multiple Choice

Deferred profit-sharing is an incentive plan that .

• A)uses a trust to hold stock in individual employee accounts and distributes it to employees upon retirement
• B)engages many or all employees in a common effort to achieve a company's productivity objectives with any resulting cost-savings gains shared among employees and the company
• C)contributes company shares of its own stock or cash to be used to purchase company stock to a trust established to purchase shares of the firm's stock for employees
• D)provides tax advantages for employees by deferring income taxes, often until the employee retires
• E)involves the firm distributing total annual profits each year among employees based on their merit rating

---

Definitions:

National Ambient Air Quality Standards

Regulations established by the United States Environmental Protection Agency to limit pollutants in the air to protect public health and the environment.

Primary Standards

Basic, fundamental benchmarks or criteria that serve as the minimum requirements in various fields, including environmental protection and product quality.

National Ambient Air Quality Standards

Levels of air quality deemed safe for the public and environment, established by regulatory agencies to limit pollutants.

Public Welfare

Refers to government programs aimed at ensuring the basic physical and material well-being of its citizens.