Question
When a clerk receives $500 per week plus paid vacation, which type of compensation has occurred?
a. time wage
b. straight salary
c. incentive pay
d. benefits
e. b and d
f. a and c
a. time wage
b. straight salary
c. incentive pay
d. benefits
e. b and d
f. a and c
Answers
GPT-4o mini
The compensation described includes a fixed amount of money received per week ($500) as well as benefits in the form of paid vacation.
- "Time wage" refers to being paid based on the amount of time worked, which aligns with the $500 weekly payment.
- "Straight salary" refers to a fixed amount paid regardless of hours worked, which also applies here.
- "Incentive pay" is usually performance-based pay, which is not mentioned in this scenario.
- "Benefits" include items like paid vacation.
Since both "straight salary" and "benefits" are applicable, the correct answer would be:
**e. b and d**
- "Time wage" refers to being paid based on the amount of time worked, which aligns with the $500 weekly payment.
- "Straight salary" refers to a fixed amount paid regardless of hours worked, which also applies here.
- "Incentive pay" is usually performance-based pay, which is not mentioned in this scenario.
- "Benefits" include items like paid vacation.
Since both "straight salary" and "benefits" are applicable, the correct answer would be:
**e. b and d**