Variable Pay and Executive Compensation Multiple Choice Questions 1 PDF Download

Learn variable pay and executive compensation multiple choice questions (MCQs), HRM test 1 for online course prep exams. Practice individual incentives MCQs questions and answers on individual incentives, sales compensation and incentives, executive compensation for MBA online test.

Free variable pay and executive compensation quiz online, study guide has multiple choice question on in piece rate systems, method in which number of units produced are multiplied by piece rate per unit, is classified as with options fixed cost piece rate system, fixed profit piece rate system, straight piece rate system and differential piece rate system to test online e-learning skills for viva exam prep and job's interview questions with answers key. Study to learn individual incentives quiz questions with online learning MCQs for competitive exam preparation test. Individual Incentives Video

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

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