Which of the Following Terms Refers to Plans That Put

question 31

Multiple Choice

Which of the following terms refers to plans that put some portion of the employee's weekly pay at risk,subject to the firm's meeting its financial goals?

• A) at-risk variable pay plan
• B) at-risk incentive plan
• C) variable risk sharing plan
• D) at-risk gainsharing plan
• E) employee at-risk plan

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Definitions:

Total Fixed Costs

The aggregate of all charges that stay fixed no matter the production level or output.

Average Total Cost

The total cost of producing a given output level divided by the quantity of output, including both fixed and variable costs.

Basketballs

Spherical balls used in the game of basketball, designed to bounce when thrown or dribbled on the court.

Total Variable Costs

The sum of all costs that vary with the level of output, such as materials and labor costs.