Variable Pay and Executive Compensation Multiple Choice Questions Test 1 Tests pdf Download

Practice MBA HRM test 1 with MCQ on individual incentives test online for learning. Practice variable pay and executive compensation multiple choice questions (MCQ) on individual incentives, sales compensation and incentives, executive compensation with answers. Free variable pay and executive compensation revision notes has answer key with choices as fixed cost piece rate system, fixed profit piece rate system, straight piece rate system and differential piece rate system of multiple choice questions (MCQ) as in piece rate systems, method in which number of units produced are multiplied by piece rate per unit is classified as to test learning skills. Study to learn individual incentives quiz questions to practice MCQ based online exam preparation test.

MCQ on Variable Pay and Executive Compensation Test 1 Quiz pdf Download

MCQ. In piece rate systems, method in which number of units produced are multiplied by piece rate per unit is classified as

  1. fixed profit piece rate system
  2. fixed cost piece rate system
  3. straight piece rate system
  4. differential piece rate system

C

MCQ. Compensation which is calculated as percentage of total revenue generated by sales is classified as

  1. organization base pay
  2. commission
  3. fixed salary
  4. base pay

B

MCQ. Plan which gives right to sell or buy stock of organization at fixed price for specific period of time is classified as

  1. employee stock ownership plan
  2. ownership option
  3. stock option
  4. trading options

C

MCQ. In sales incentives and compensation, amount which is deducted from future commissions in advance is classified as

  1. draw
  2. commission
  3. base draw
  4. decency draw

A

MCQ. Non cash benefits usually reserved for executives of organization are classified as

  1. perks
  2. incentives
  3. bonus plans
  4. options plan

A

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