QVO Financial,an Auditing Firm,distributes a Portion of the Profits Resulting

question 30

Multiple Choice

QVO Financial,an auditing firm,distributes a portion of the profits resulting from improvements in productivity and efficiency among its employees.If the company enjoys an improvement of $45,000,60% of the improvement is the company's share.The other 40% is distributed among the employees in the company.Which of the following is being exemplified in this scenario?

• A) profit rate
• B) gainsharing
• C) commission sharing
• D) merit gain
• E) group bonus

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Definitions:

Catering

The provision of food and drink services to events, meetings, or large gatherings, often including the planning, preparation, and presentation of the menu items.

Airlines

Organizations that provide air transport services for traveling passengers and freight.

Vending Machines

Automated machines that dispense products or services when money is inserted.