Which of the Following Is Not Correct Regarding Executive Compensation

question 96

Multiple Choice

Which of the following is not correct regarding executive compensation at tax-exempt organizations?

• A) If the IRs deems wages and benefits to be in excess of reasonable amounts, the IRs may impose sanctions on the individual receiving the benefits.
• B) If the IRs deems wages and benefits to be in excess of reasonable amounts, the IRs may impose sanctions on the managers who approved the wages and benefits.
• C) If the compensation is found to be unreasonable, the executive is required to pay back the amount of compensation deemed excessive plus a 10% penalty.
• D) Benefits include salaries, deferred compensation, insurance, loans and medical benefits.

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Definitions:

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Scholars who study human societies, their interactions, and the processes that preserve and change them.

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Ethnic groups who are the original inhabitants of a region, recognized for their distinct social, cultural, and economic practices, often marginalized by dominant cultures.

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An organized structure for delivering education to the population through a series of institutions, policies, and resources.

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The increasing demand for higher educational qualifications for jobs that previously required lower qualifications, leading to devaluation of certain degrees.