All of the Following Statements About Profit Sharing Are True

question 165

Multiple Choice

All of the following statements about profit sharing are true EXCEPT that:

• A) profit sharing is somewhat similar to gain sharing.
• B) profit sharing rewards individuals according to some measure of organizational performance.
• C) profit-sharing plans do not reward employees for specific productivity gains.
• D) profit-sharing plans reward employees based on overall organizational profits.
• E) profit-sharing plans adversely impact cooperation and teamwork.

---

Definitions:

True-RMS Ammeter

An instrument that accurately measures the current in a circuit by calculating the root mean square of the waveform, suitable for both AC and non-sinusoidal conditions.

Harmonic Distortion

A distortion that occurs in a signal when there are frequencies in the output that are integer multiples of the fundamental frequency, affecting the signal's waveform.

Sequence

A progression or arrangement of elements in a particular order, often used in reference to electrical phases or operations.

Phasor Rotation

The rotation of a phasor, which is a vector representing a sinusoidally varying quantity, in the complex plane, typically used in the analysis of AC circuits.