All the Following Statements Regarding Compensation for Sales Personnel Are

question 79

Multiple Choice

All the following statements regarding compensation for sales personnel are true except:

• A)There are many types of compensation in sales - base salary,bonus etc.
• B)Senior sales representatives represent the highest paid category of sales personnel.
• C)The amount earned by salespeople is clearly tied to their selling skills and amount of effort put forth.
• D)Intermediate salespeople earn only slightly more than entry level salespeople.
• E)Salespeople earn higher income than most other workers in the business community.

---

Definitions:

Tornado Damage

The destruction or damage caused to structures, lands, and properties as a result of a tornado, a rapidly rotating column of air in contact with both the surface of the Earth and a cumulonimbus cloud or, in rare cases, the base of a cumulus cloud.

Uninsured Plant

Property, machinery, or industrial facilities not covered by insurance against loss or damage.

Extraordinary Item

Rare and significant events that are both unusual and infrequent in nature, whose financial effects are separated out on a company's income statement to provide clearer results.

Discontinued Component

A segment or unit of a business that has been sold or terminated, which is reported separately in the financial statements.