Which of the Following Is a Type of Incentive Compensation

question 5

Multiple Choice

Which of the following is a type of incentive compensation?

• A)Base pay
• B)Benefits
• C)Wage compression
• D)Skill-based pay
• E)Broadbanding

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Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels of the company.

Administrative Expenses

Administrative expenses are the costs associated with the general administration of a business, such as salaries of executive officers, legal and accounting fees, and office supplies.

Planning Budget

A budget prepared at the beginning of a period, reflecting the expected financial situation based on forecasted activities and conditions.

Tenant-Days

A measure used in the hospitality or healthcare industry, representing the total number of days that all tenants or patients have occupied the facility.