Arnold Sells Oil Field Equipment

question 5

Multiple Choice

Arnold sells oil field equipment.He is paid 2 percent of the dollar amount of the sales he has completed each quarter.This is Arnold's only compensation,but he sells several million dollars' worth of equipment each year.He is on the ____ system.

• A) retainer
• B) pay-as-you-go
• C) deferred compensation
• D) straight commission

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Definitions:

Insurance Premiums

The amount of money charged by an insurance company for active coverage, typically paid on a monthly, quarterly, or annual basis.

Emphasizes Idea

To emphasize an idea means to give special importance or prominence to a concept or point in a discussion or presentation.

Statement Of Qualifications

A document that outlines an individual's education, skills, experiences, and other professional attributes that make them suitable for a particular job or task.

Emphasis

The act of giving special importance or prominence to something in speech or writing.