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Author Question: Accountants can help executive compensation plan boards (Read 192 times)

bobthebuilder

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on: Apr 8, 2019

Question 1

Involving accountants in executive compensation plans is often especially helpful
◦ in keeping track of the executive compensation plan.
◦ in identifying the appropriate metrics to use when linking compensation to performance.
◦ in reducing the total amount of compensation paid to executives.
◦ in suggesting the appropriate amount of compensation executives should be paid.

Question 2

Accountants can help executive compensation plan boards
◦ comply with legal and regulatory requirements.
◦ by identifying the best ways to keep the details of compensation plans out of the hands of external parties.
◦ avoid paying excessive amounts of "perks" to executives.
◦ distribute information regarding how well each executive is performing their job.
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
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Marked as best answer by bobthebuilder on Apr 8, 2019

Rilsmarie951

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Reply #1 on: Apr 8, 2019
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bobthebuilder

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Reply 2 on: Apr 8, 2019
Great answer, keep it coming :)

jamesnevil303

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Reply 3 on: Yesterday
Excellent

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