Which of the Following Statements Correctly Describes Management Compensation Options

question 63

Multiple Choice

Which of the following statements correctly describes management compensation options?

• A)Managers do not receive fixed salaries;instead their compensation is based on bonuses and incentives.
• B)Perks (perquisites)were eliminated as part of the Sarbanes-Oxley Act.
• C)Bonuses are typically awarded for meeting or achieving specific goals.
• D)Stock options and awards are part of fixed salary compensation.

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Definitions:

Generate Multiple Alternatives

The process of developing several solutions or options to address a problem or decision-making scenario.

Decision-making Model

Structured approaches that individuals or groups follow to analyze situations and select among alternative courses of action.

Identify And Weigh

The process of recognizing various factors or options in a decision-making scenario and assessing their importance or impact to inform a choice.

Decision Criteria

The standards or benchmarks that guide the selection of alternatives in the process of making a decision.