Which of the Following Statements Regarding Compensation Is False

question 7

Multiple Choice

Which of the following statements regarding compensation is false?

• A) Wages are usually paid by the hour.
• B) Salary is usually a form of fixed compensation.
• C) Bonuses are a form of compensation obtained if certain criteria are met.
• D) Bonuses paid within 2½ months of year-end are included in employee's compensation in the year they were earned.

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Definitions:

Multiple Regression

A statistical approach that involves using several predictor variables to determine the expected outcome of a response variable.

Criterion

A standard or test by which something can be judged or recognized.

Dependent Variable

The variable in an experiment that is observed and measured to assess the effect of the independent variable.