Rita was terminated from her position as an accounts manager with Carson Financial, Inc. On her last day at work, Rita received a check for $3,500. Which of the following did Rita most likely receive from Carson Financial?
A)merit pay
B)annual bonus
C)severance pay
D)performance pay

Question

Quizplus · Accepted Answer

C)Many employers provide severance pay, a one-time separation payment when terminating an employee. Severance pay is a humanitarian gesture, and it reduces the chances of litigation from disgruntled former employees.

Rita Was Terminated from Her Position as an Accounts Manager