An Employee at CellWorks Who Produces 10 Components in an Hour

question 121

Multiple Choice

An employee at CellWorks who produces 10 components in an hour earns $9 ($.90 × 10) per hour,while another employee who produces 15 components earns $13.50 ($.90 × 15) .This is an example of a

• A) commission plan.
• B) differential piece rate plan.
• C) direct commission plan.
• D) profit-sharing plan.
• E) straight piecework plan.

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Definitions:

Board Of Directors

A group of individuals elected to represent shareholders and oversee the activities and strategic direction of an organization.

Legislative Process

The procedure through which proposed laws are considered and potentially enacted by a legislative body through various stages including drafting, debate, and voting.

Nonprofit Organization

An entity that operates for the benefit of society or a specific group of people and does not distribute its surplus funds to owners or shareholders.

Issue

A topic or problem that is under discussion or over which there are opposing views or disagreements.