Special payments such as for selling a certain dollar amount of goods per year and paid above an employee's salary,are referred to as ________.
A) bonuses
B) wages
C) cafeteria benefit plans
D) salaries

Question

Quizplus · Accepted Answer

Bonuses are typically paid out as a reward for reaching certain goals or milestones in performance, such as selling a certain dollar amount of goods per year. Wages refer to the hourly or daily rate of pay for an employee. Cafeteria benefit plans allow employees to choose from a variety of pre-tax benefits, such as health insurance or retirement savings options. Salaries are typically a fixed amount paid to an employee on a recurring basis, such as annually or bi-weekly.

Special Payments Such as for Selling a Certain Dollar Amount