Which of the Following Statements Regarding Compensation Is False

Which of the following statements regarding compensation is false?

A) Wages are usually paid by the hour.
B) Salary is usually a form of fixed compensation.
C) Bonuses are a form of compensation obtained if certain criteria are met.
D) Bonuses paid within 2½ months of year-end are included in employee's compensation in the year they were earneD.Employees include compensation into income in the year received.

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free