A lump sum payment,typically given to an individual at the end of a period is a(n):
A)commission
B)merit pay
C)bonus
D)exit pay
E)stock option

Question

Quizplus · Accepted Answer

A lump sum payment given at the end of a period is typically a bonus. Commission is a payment made to an employee for each sale they make. Merit pay is a salary increase based on an employee's performance. Exit pay is a payment given to an employee upon termination or resignation. Stock options are a form of compensation that gives employees the right to buy company stock at a predetermined price.

A Lump Sum Payment,typically Given to an Individual at the End