Giving Out Service Awards Is an Example of Which Non-Monetary

question 63

Multiple Choice

Giving out service awards is an example of which non-monetary incentive?

• A)Recognition
• B)Standard hour plan
• C)ESOPs
• D)Giving praise
• E)Piece-rate plans

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Definitions:

Special Order

An order for a product or service that is outside the company's normal scope of work, often requiring a unique set of costs and pricing.

Relevant Cost

Costs that are directly related to a specific business decision, affecting the future cash flows.

Relevant Benefits

The advantageous outcomes or gains that are directly attributable to a specific action or investment.

Relevant Costs

Costs that are directly affected by a specific business decision and should be considered when making that decision.