Identify a True Statement About Employee Benefits

question 55

Multiple Choice

Identify a true statement about employee benefits.

• A) In both the United States and Europe, the awarding of stock options is linked to specific performance goals.
• B) Pension plans are more widespread in the United States and Japan than in Western Europe.
• C) Unlike in the United States, compensation plans in other countries are less likely to include benefits.
• D) Paid vacation tends to be more generous in Western Europe than in the United States.
• E) Although stock options became a common form of incentive pay in Europe during the 1990s, American businesses did not begin to adopt them until the end of that decade.

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Definitions:

Enforced Agreements

Contracts or legal agreements that are recognized by law as valid and are subject to enforcement through legal processes.

Legislature

A government agency authorized to create, modify, and abolish regulations within a specified territory.

Divisible

Characterized by being capable of division or separation into distinct and independent parts or portions.

Illegal Part

Refers to a segment or clause within a contract or agreement that is not permissible by law.