Leah LLC, a Producer of Sporting Goods, Provided Its Employees

question 51

Multiple Choice

Leah LLC, a producer of sporting goods, provided its employees with a stock option plan. After organizational restructuring, the management has decided to replace the stock option plan with profit sharing. Which of the following is true of Leah LLC?

• A) It provided organizational incentives; now it provides individual incentives.
• B) It provided organizational incentives; now it provides group incentives.
• C) It provided organizational incentives; now also it provides the same.
• D) It provided individual incentives; now also it provides the same.

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Definitions:

Can Be Verified

Indicates that a certain piece of information, claim, or data can be checked and confirmed for accuracy or truthfulness.

Positive Economic Statement

An objective statement based on empirical evidence that describes the world as it is. These statements can be tested and validated through observation.

Marginal Tax Rates

The rate at which tax is charged on an additional dollar of income, which can vary based on income levels and tax brackets.

Gasoline Purchased

The amount of gasoline acquired by consumers, often measured in gallons or liters, for the purpose of powering vehicles.