Which of the Following Is a Group Performance Pay Plan

question 16

Multiple Choice

Which of the following is a group performance pay plan?

• A) gain sharing
• B) profit sharing
• C) stock options
• D) piece rates

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Definitions:

Disbursement Float

The time lag between when a payment is made by writing a check and when the funds are actually withdrawn from the payer's account.

Collection Float

The interval between depositing a check into a bank account and the moment the deposited funds are accessible.

Outstanding Cheques

Checks that have been written and issued but not yet cashed or cleared through the banking system.

On-line Retailing

Online Retailing is the selling of goods or services over the internet, where customers can shop from a variety of vendors at any time.