A compensation system that adds a percentage amount to a variety of services the agency purchases from outside suppliers is known as a ______.

Question

Quizplus · Accepted Answer

A markup charge is a percentage amount added to the cost of external services purchased by the agency. This percentage covers the agency's expense of obtaining these services from outside suppliers. The other options listed do not accurately describe this type of compensation system.

A Compensation System That Adds a Percentage Amount to a Variety