Which of the Following Incentive Reward Systems Distributes Thecost Savings

question 20

Multiple Choice

Which of the following incentive reward systems distributes thecost savings resulting from a work team's suggestion among all employees in an organization?

• A) Gainsharingplan
• B) Scanlon plan
• C) Merit-pay plan
• D) Sales commission
• E) Piece-rate plan

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Definitions:

Cash Dividend

A distribution of a company's earnings to its shareholders in the form of cash.

Consolidated Balance Sheet

A balance sheet that presents the assets, liabilities, and equity of a parent company and its subsidiaries as one entity, after eliminating inter-company transactions.

Deferred Income Tax Asset

A Deferred Income Tax Asset is an accounting term for items that reduce future tax payments due to temporary differences between the financial statement carrying amount and the tax basis of assets and liabilities.

Consolidated Income Tax

Income tax accounting that includes all income, exemptions, and credits of a consolidated group of companies.