Which Term Refers to the Total of All Rewards Provided

question 8

Multiple Choice

Which term refers to the total of all rewards provided to employees in return for their services?

• A) benefits
• B) commissions
• C) bonuses
• D) compensation

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Definitions:

Insurance Proceeds

The money received from an insurance claim, which compensates for a loss or damage.

Subrogation Clause

A provision in an insurance policy allowing the insurer to take legal action in the name of the insured against a third party responsible for the insured’s loss.

Property Damage

Physical harm or destruction to someone's tangible property caused by another's actions or negligence.

Occurrence

An event that happens or takes place, especially one of importance.