Gainsharing Is an Incentive Plan That ________

question 28

Multiple Choice

Gainsharing 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 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

---

Definitions:

Gas Exchange

The process by which organisms exchange gases (such as oxygen and carbon dioxide) with their environment, crucial for respiration and photosynthesis.

Amphibians

Amphibians are a class of cold-blooded vertebrates that includes frogs, toads, salamanders, and newts, characterized by their life cycle stages both in water and on land.

Hemoglobin

A protein in red blood cells that carries oxygen from the lungs to the body's tissues and returns carbon dioxide from the tissues back to the lungs.

Carbon Monoxide

A colorless, odorless, and toxic gas produced by incomplete combustion of carbon-containing materials, dangerous to humans and animals when inhaled.