The __________ and Services Employees Receive in Exchange for Their

question 30

Multiple Choice

The __________ and services employees receive in exchange for their work is called _________________.

• A) pay;direct compensation
• B) benefits;direct compensation
• C) commission;pay
• D) benefits;indirect compensation
• E) training;total rewards

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Definitions:

Dealers

Financial intermediaries that buy and sell securities from their own inventory, acting as principal in the transaction.

Nordic

Pertaining to the countries of Northern Europe, including Denmark, Finland, Iceland, Norway, and Sweden.

Baltic

The term Baltic often refers to the Baltic Exchange, a marketplace for the trading and settlement of physical and derivative shipping contracts.

Securities Act

A U.S. law enacted in 1933 that governs the sale of securities, aiming to provide investors with transparent information and to prevent fraud.