Which of the Following Statements Is False Regarding the Use

question 83

Multiple Choice

Which of the following statements is false regarding the use of incentives,commissions and bonuses in the payroll system?

• A)Using incentives,commissions,and bonuses requires linking the payroll system and the information systems of sales and other cycles in order to collect the data used to calculate bonuses.
• B)Bonus/incentive schemes must be properly designed with realistic,attainable goals that can be objectively measured.
• C)Incentive schemes can result in undesirable behavior.
• D)Incentive schemes can create fraud.

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Definitions:

Employees' Contributions

The efforts, work, and achievements of employees in their roles, which contribute to the organization's goals and success.

Wegmans

A family-owned American supermarket chain known for its dedication to customer service, quality products, and employee welfare.

Economic Approach

The method of analyzing decisions based on comparing the costs and benefits of different actions, emphasizing efficiency and utility maximization.

Shareholder Value

The value delivered to shareholders as a result of the company's ability to generate earnings and increase its share price.