What Type of Profit-Sharing Plan Involves the Firm Distributing Total

question 58

Multiple Choice

What type of profit-sharing plan involves the firm distributing total annual profits each year among employees based on their merit rating?

• A) cash plan
• B) Lincoln incentive system
• C) Jefferson incentive system
• D) deferred profit-sharing plan
• E) employee stock ownership plan

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Definitions:

Crystallized Intelligence

As identified by Raymond Cattell, learned intelligence that tends to increase over time.

Fluid Intelligence

As identified by Raymond Cattell, a type of innate intelligence.

Cattell's Idea

Refers to the psychological theories developed by Raymond Cattell, which include the concepts of fluid and crystallized intelligence as components of human cognitive ability.

Thurstone's Model

A theory of intelligence that proposes seven primary mental abilities as the basis of intelligence.