Match the items of List-I with the items of List- II and select the correct answer.
List-I | List-II |
a. Golden parachutes | 1. The right to purchase a stated number of shares of company stock at today's price in the future. |
b. Gain sharing | 2. An incentive plan engaging employees in a common effort to achieve productivity objectives and share the gains. |
c. Stock-option | 3. Payment companies make in connection with a change in ownership or control of a company. |
d. Annual bonus | 4. Plans designed to motivate the short-term performance of managers, and are tied to company profitability. |
A. a-3, b-1, c-2, d-4
B. a-1, b-2, c-3, d-4
C. a-2, b-3, c-1, d-4
D. a-3, b-2, c-1, d-4
Answer: Option D
Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
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