What Type of Profit-Sharing Plan Involves the Firm Simply Distributing

question 14

Multiple Choice

What type of profit-sharing plan involves the firm simply distributing a percentage of profits as profit shares to employees at regular intervals?

• A)current profit-sharing
• B)Lincoln incentive system
• C)Jefferson incentive system
• D)employee stock ownership plan

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Definitions:

Sample Information

Data or facts obtained from a subset of a larger population used for the purpose of statistical analysis.

Kleenex Tissues

A brand name for a category of soft, absorbent, disposable papers that are suitable for use on the face.

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Normally Distributed Population

A population with a distribution that has a characteristic bell-shaped curve where most of the data points cluster around the mean.