Special benefits provided by a firm to a small group of key executives are known as ________.
A) incentive bonuses
B) golden parachutes
C) stock options
D) perquisites

Question

Quizplus · Accepted Answer

D)Perquisites (perks)are any special benefits provided by a firm to a small group of key executives and designed to give the executives "something extra." A golden parachute contract is a perquisite that protects executives in the event that another company acquires their firm or if the executive is forced to leave the firm for other reasons.

Special Benefits Provided by a Firm to a Small Group