Amelia Received a Stellar Performance Appraisal in 2014,which Translated to a 10

question 9

Multiple Choice

Amelia received a stellar performance appraisal in 2014,which translated to a 10 percent pay raise for 2015.Her 2014 base pay was $50 000.Which of the following applies to 2015?

• A)Her employer would give her a bonus of $5000.
• B)Her pay would remain $50 000 but she would most likely get a promotion.
• C)Her employer would add 10 percent to all her 2014 compensation components-base pay,incentives,benefits,and perks.
• D)$5000 would be added to her 2014 base pay.

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Definitions:

Four Rights

Refers to essential rights typically envisioned in legal and ethical contexts, though the specific "four rights" can vary based on the doctrine or principle being discussed.

Watered Stock

Shares of a company that are issued at a value much greater than the assets of the company, leading to an inflation of the company's value on paper.

Fair Market Value

The price at which property would sell for on the open market between a willing buyer and a willing seller, both having reasonable knowledge of all relevant facts.

Corporate Opportunity

A business opportunity that a company must offer to its shareholders or members before taking it for personal gain.