A Study of Compensation Practices in Ten Countries Revealed That

question 9

Multiple Choice

A study of compensation practices in ten countries revealed that

• A)Pay incentives are important.
• B)Pay should be contingent on group performance.
• C)Incentives should be significant amount of pay.
• D)All the above are true

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Definitions:

Planning Budget

A budget prepared for a specific level of activity, used as a tool for decision making and planning.

Net Operating Income

A company's income after operating expenses are subtracted but before deducting interest and taxes, reflecting the profitability from core operations.

Planning Budget

A budget created for a specific level of activity, it helps in planning and controlling costs based on projected operational activities.

Net Operating Income

The profit a company makes from its normal business operations, calculated by subtracting operating expenses from operating revenues.