Which of the Following Is a Common Type of Incentive

question 10

Multiple Choice

Which of the following is a common type of incentive compensation?

• A)Health insurance
• B)Profit-sharing plans
• C)Pension plans
• D)Flexible spending programs

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Definitions:

LLC

Limited Liability Company, a flexible form of enterprise that blends elements of partnership and corporate structures, providing limited liability to its owners.

Business Tax Return

The documentation filed to report a business's income, expenses, and other tax information to government tax authorities.

Form 1040 Schedule C

A tax form used by sole proprietors to report business income and expenses to the IRS.

Form 1120

A tax form used by corporations in the United States to report their income, gains, losses, deductions, and credits to the Internal Revenue Service.