Which of the Following Variable Pay Programs Is Free from Dependence

question 54

Multiple Choice

Which of the following variable pay programs is free from dependence on company profits?

• A)profit sharing
• B)job sharing
• C)bonuses
• D)employee stock ownership plans
• E)gainsharing

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Definitions:

Sales Journal

A specialized accounting journal used to record all sales transactions on credit.

Accounts Receivable

Unpaid customer balances for goods provided or services rendered by a business.

Sales Revenue

Funds received by a company for products sold or services delivered.

Purchases Journal

A financial record keeping a chronological list of all purchases made by a business, especially on credit.