The Employees at DataMax Participate in a Profit-Sharing Plan

question 14

Multiple Choice

The employees at DataMax participate in a profit-sharing plan. DataMax distributes 15% of its profits as profit shares to employees at regular intervals. Which of the following is most likely used at DataMax?

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

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Definitions:

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