LATEST 2026 COMPLETE ACCURATE EXAM ACTUAL QUESTIONS
AND CORRECT DETAILED ANSWERS (100% CORRECT VERIFIED
ANSWERS) NEWEST UPDATED VERSION |GUARANTEED PASS A+
|APPROVED EXAM 2026
Which of the following incentive plans is designed to pay workers extra
for work done in less than a preset time?
Answer- Standard hour plan
_____ is a system of linking pay increases to ratings on performance
appraisals.
Answer- Merit pay
Which of the following is an incentive plan that is provided as a
percentage of the sales made by an employee?
Answer- Commission
_____ is a group incentive program that measures improvements in
productivity and effectiveness and distributes a portion of each profit to
employees.
Answer- Gainsharing
, _____ is a gainsharing program in which employees receive a bonus if
the ratio of labor costs to the sales value of production is below a set
standard.
Answer- Scanlon plan
_____ refers to a combination of performance measures directed toward
the company's long- and short-term goals and used as the basis for
awarding incentive pay.
Answer- Balanced scorecard
Which of the following is an example of long-term incentives?
Answer- Stock options
Which of the following laws and its amendments created the old age,
survivors, disability, and health insurance (OASDHI) program?
Answer- Social Security Act of 1935
Which of the following health care reform law includes incentives and
penalties for employers providing health insurance as a benefit?