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:

Peak Demand

The highest level of demand for a product or service in a particular period, often requiring careful planning and resource allocation to meet.

Minimum Demand

The lowest level of demand for a product or service over a given period, crucial for planning minimum production or service capability.

Disaggregation

The process of breaking down aggregated data into smaller segments or detailed components for deeper analysis.