What is a fixed annual sum paid to employees, often associated with professional or managerial roles?
Wages and Salary Administration Quiz

Quiz
•
Social Studies
•
University
•
Hard
Bernadette Mundo
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 2 pts
Bonus
Salary
Commission
Incentive
2.
MULTIPLE CHOICE QUESTION
20 sec • 2 pts
Which of the following is considered a non-monetary compensation?
Cash bonuses
Recognition
Commission
Overtime pay
3.
MULTIPLE CHOICE QUESTION
20 sec • 2 pts
What is the relationship between salary and hours worked?
Salary is based on hours worked
Salary is a fixed amount regardless of hours
Salary is only for part-time employees
Salary fluctuates with hours worked
4.
MULTIPLE CHOICE QUESTION
20 sec • 2 pts
Which of the following best describes the role of bonuses in compensation management?
hey are the only form of compensation
They are irrelevant to employee satisfaction
They are a tool for enhancing employee engagement
They are only for high-level positions
5.
MULTIPLE CHOICE QUESTION
20 sec • 2 pts
What is a salary?
A variable amount paid based on hours worked
A fixed annual sum paid to employees, regardless of hours worked
A type of bonus given for exceptional performance
A payment made only to hourly workers
6.
MULTIPLE CHOICE QUESTION
20 sec • 2 pts
What are bonuses typically tied to?
A variable amount paid based on hours worked
The number of hours worked
Performance metrics or company profits
Employee age
7.
MULTIPLE CHOICE QUESTION
20 sec • 2 pts
What is one of the primary objectives of fair compensation?
To reduce employee workload
To ensure equitable pay
To increase company profits
To limit employee benefits
8.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Refer to compensation based on hours
worked or production levels, typically paid
weekly or bi-weekly.
Wage
Salary
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