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

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Definitions:

Fall Risk

The likelihood or predisposition of an individual to fall, which can be due to various factors such as age, medical conditions, or environmental hazards.

Skin Integrity

Relates to the condition of skin being whole, undamaged, and intact, and its importance in preventing infection and facilitating wound healing.

Immobility

A lack of movement or ability to move, often leading to various health complications.