A Type of Incentive Plan That Generally Is Organization-Wide and That

question 35

Multiple Choice

A type of incentive plan that generally is organization-wide and that provides employees with a share of the organization's profits in a specified period is a(n)

• A)group incentive plan.
• B)semi-variable incentive plan.
• C)individual incentive plan.
• D)profit-sharing plan.
• E)gainsharing plan.

Apply knowledge of financial ratios related to bonds, including the times interest earned ratio.

Understand the impact of market and contract rates on bond issuance and the calculation of the issuing price.

Identify the types of bonds based on redemption policies and their characteristics.

Explain the concept of the bond indenture and its components.

---

Definitions:

RTO Timer

A "Retentive Timer On" in programmable logic controllers, maintaining its accumulated value even after the input condition goes false.

Instantaneous Contacts

Contacts in an electrical circuit or relay that make or break a connection immediately upon actuation, without delay.

ACC

Accelerator Control Coaster; this term might be incorrectly listed as it's not standard without context, but in automotive it could refer to Accelerator Control, whereas in computing, ACC often stands for Accumulator, a type of register used in CPUs.