What Type of Profit-Sharing Plan Involves the Firm Simply Distributing

question 68

Multiple Choice

What type of profit-sharing plan involves the firm simply distributing a percentage of profits as profit shares to employees at regular intervals?

• A)cash plan
• B)Lincoln incentive system
• C)Jefferson incentive system
• D)deferred profit-sharing plan
• E)employee stock ownership plan

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Definitions:

Hypertension

A chronic medical condition characterized by persistently elevated blood pressure in the arteries, leading to increased risk of heart disease, stroke, and other health issues.

Dizziness

A sensation of spinning or lightheadedness, which may result in a loss of balance.

Cardiopulmonary Resuscitation

An emergency procedure consisting of external chest compressions and artificial ventilation to manually preserve intact brain function until further measures to restore spontaneous blood circulation and breathing in a person who is in cardiac arrest.

Rescue Breaths

Part of lifesaving techniques, these are breaths given to someone not breathing normally, to provide oxygen until normal breathing resumes or advanced help arrives.