What type of profit-sharing plan involves the firm distributing total annual profits each year among employees based on their merit rating?
A) cash plan
B) Lincoln incentive system
C) Jefferson incentive system
D) deferred profit-sharing plan
E) employee stock ownership plan

Question

Quizplus · Accepted Answer

The Lincoln incentive system is a profit-sharing plan where the firm distributes total annual profits among employees based on their merit rating.

What Type of Profit-Sharing Plan Involves the Firm Distributing Total