Retention Bonuses Refer to

question 35

Multiple Choice

Retention bonuses refer to

• A) the special reward programs used to satisfy the lower- and middle-level managers.
• B) the bonuses provided to union members to withhold a strike.
• C) the bonuses provided to employees who take long leaves without pay.
• D) annual incentives paid to daily wage workers to remain in the organization.
• E) one-time incentives paid in exchange for remaining with the company.

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Definitions:

Noncontrolling Interest

A minority stake in a company where the shareholder does not have enough shares to control company decisions, often represented in the equity section of the parent company's balance sheet.

Consolidation

Consolidation involves combining the financial statements of multiple subsidiaries or businesses into a single, aggregated set of financial statements for the parent company.

Consolidated Balance Sheet

A financial statement that combines the assets, liabilities, and equity of a parent company with its subsidiaries.