Which of the Following Statements Regarding Compensation Is False

question 7

Multiple Choice

Which of the following statements regarding compensation is false?

• A) Wages are usually paid by the hour.
• B) Salary is usually a form of fixed compensation.
• C) Bonuses are a form of compensation obtained if certain criteria are met.
• D) Bonuses paid within 2½ months of year-end are included in employee's compensation in the year they were earned.

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Definitions:

Manufacturing Export

Goods produced domestically and sold to customers in foreign countries.

Largest Exporter

A country or region that ships the highest volume or value of goods to other countries, leading the world in exports.

Dutch Economy

Refers to the economic system and practices of the Netherlands, characterized by its highly mechanized agricultural sector, significant international trade, and advanced industrial base.

Trading Partner

A country or entity with which another country engages in the exchange of goods and services.