How are drawing accounts used?
A)to provide a steadier income for salespeople who work on commission
B)to motivate employees who receive a straight salary
C)to attract salespeople who are willing to sell low-margin items
D)to reward the best salespeople in each department
E)to pay employees for performing customer service activities

Question

Quizplus · Accepted Answer

With a drawing account,salespeople receive a weekly check based on the estimated annual income and commissions earned are credited against the weekly payments.

How Are Drawing Accounts Used