Tanner's Employer Puts a Predetermined Portion of Profits into a Trust

question 75

Multiple Choice

Tanner's employer puts a predetermined portion of profits into a trust account for Tanner's retirement. Which of the following is most likely the type of profit-sharing plan used by Tanner's employer?

• A)deferred profit-sharing plan
• B)Lincoln incentive system
• C)Jefferson incentive system
• D)gainsharing plan

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Definitions:

Relationship Motivated

Being driven by the desire to foster and maintain social connections and relationships.

Least Preferred Coworker

A concept in leadership theory used to measure an individual's leadership style based on their feelings towards the coworker they least enjoy working with.

Stonewalling

The act of avoiding or refusing to communicate or cooperate, thereby halting progress or resolution in discussions or negotiations.

Defensive Statements

Refers to responses aimed at protecting oneself from criticism, blame, or challenging questions often perceived as justifications or excuses.