Asked by Elizabeth Canseco on Mar 10, 2024
Verified
The current distribution profit-sharing plan is sometimes called a "cash plan."
Current Distribution
The process or manner by which resources, earnings, or assets are apportioned at the present time.
Cash Plan
A type of health insurance plan that covers everyday medical expenses and provides cash payments for specified conditions or treatment.
- Ascertain the favorable and unfavorable factors of employee equity plans and profit allocation schemes.
Verified Answer
KR
keshita RamchurreetooMar 10, 2024
Final Answer :
True
Explanation :
The current distribution profit-sharing plan is indeed sometimes called a "cash plan." This is because profits are distributed as cash bonuses rather than company stock or other forms of compensation.
Learning Objectives
- Ascertain the favorable and unfavorable factors of employee equity plans and profit allocation schemes.