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What is the difference between a straight piecework plan and

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What is the difference between a straight piecework plan and a differential piecework plan?
Straight piecework is the same rate per piece; differential piecework is when the rate increases if a greater amount is produced.
Differential piecework is the same rate per piece; straight piecework is when the rate increase if a greater amount is produced.
Straight piecework is pay for extra work done in a certain amount of time; differential piecework is when the rate increases if a greater amount is produced.
Differential piecework is pay for extra work done in a certain amount of time; straight piecework is when the rate increases if a greater amount is produced.

Which of the following lists the three common types of group incentives?
Merit pay, bonuses, and sales commission
Gainsharing, bonuses, and team awards
Standard hour plan, merit pay, and bonuses
Gain-sharing, sales commission, and merit pay

The difference between a cash balance plan and a defined-benefit plan is:
a cash balance plan earns interest at a predefined rate, and a defined-benefit plan guarantees a certain level of retirement income.
a defined-benefit plan earns interest at a predefined rate, and a cash balance plan guarantees a certain level of retirement income.
a cash balance plan specifies the size of investment, and a defined-benefit plan earns interest at a predefined rate.
a defined-benefit plan specifies the size of investment, and a cash balance plan guarantees a certain level of retirement income.

The three basic types of medical expenses usually covered in medical insurance are:
hospital, dental, and physician.
vision, dental, and prescription.
hospital, surgical, and physician.
hospital, prescription, and physician.

Which of the following examples would represent the ethical behavior of an executive?
Inflate stock prices to receive bonuses and stock options
Boost stock value through efficient operations, and effective leadership
Buying or selling stock based on knowledge about the company's future
Stretching accounting practices to present company performance in the best light
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Submitted: 4 years ago.
Category: Homework
Expert:  Homework Girl replied 4 years ago.
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