An Incentive Given for a Special Employee Contribution Not Directly

question 45

Multiple Choice

An incentive given for a special employee contribution not directly tied to a performance standard is a:

• A)piece rate plan.
• B)differential piece rate.
• C)merit pay.
• D)spot bonus.

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Definitions:

Financial Results

The outcomes of a company's operations and activities in terms of profit or loss, revenue, and expense over a specific period.

Audit Committee

A subset of a company's board of directors that oversees financial reporting and disclosure.

Review And Reconciliation

The process of verifying the accuracy of financial records by comparing two sets of data or accounts to ensure they match.

Internal Auditors

Professionals employed by an organization to perform audits on its operations, systems, and processes to ensure accuracy, compliance, and efficiency.