PRC-3 · Chapter 8 · Question 49 of 74
A sales agent at A-Insurance is promised a special lump-sum cash payment at the end of the year if she successfully achieves her target of selling 100 policies. What is this payment called?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Bonus
Explanation
A bonus is an additional financial reward given to employees on top of their base salary, typically linked to achieving specific performance targets.
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