Examlex
Which of the following entries contains both a balance sheet account and an income statement account?
Long-Term Incentives
Compensation rewards designed to motivate and retain employees over an extended period, often in the form of stock options, equity, or performance plans.
Deferred Profit-Sharing Plans
A type of retirement plan in which employees receive a share of the company's profits at a later date, usually upon retirement.
Merit Raises
Salary increases awarded to employees based on their job performance, often evaluated through performance appraisals.
Merit Bonuses
Financial rewards given to employees based on their performance and achievements, typically as a way to incentivize high-quality work.
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