Author Question: Which of the following statements is TRUE of a profit-sharing plan? a. Under a profit-sharing ... (Read 160 times)

EAugust · **on:** Jul 7, 2018

Which of the following statements is TRUE of a profit-sharing plan?

a. Under a profit-sharing plan, wage increases provided to the workers are based on the consumer price index.
b. Under a profit-sharing plan, the wages paid to workers are based on the number of hours they work over the required time.
c. Profit-sharing plans tend to increase waste and decrease efficiency.
d. Under a profit sharing plan, employees receive a lump-sum payment in addition to their regular wages based on sales levels.

Question 2

Under a yellow-dog contract, ________.

a. employees had to accept union membership as a prerequisite for employment
b. employers had to hire employees referred by the union
c. employees pledged to refrain from union membership
d. employees had to pay union dues whether or not they were union members