A Worker's Total Compensation Consists of

question 17

Multiple Choice

A worker's total compensation consists of

• A) wages.
• B) earnings.
• C) earnings plus in-kind benefits.
• D) earnings plus in-kind benefits plus deferred benefits.

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Definitions:

Purchase

The act of buying goods or services, typically in exchange for money.

Parent

A corporation that owns more than 50% of the voting stock of another company, making the latter its subsidiary.

Subsidiary

A company that is controlled by another company, known as the parent company, through ownership of more than half of its voting stock.

Outstanding Bonds

Bonds issued by a company or government that are currently held by investors and have not yet been repaid.