Which of the following is NOT a characteristic or method of paying out a profit sharing group incentive plan?
A) The amount from the profit-sharing pool is distributed immediately.
B) The amount from the profit-sharing pool is distributed annually.
C) The amount from the escrow account is invested until employee retirement.
D) The amount from the escrow account is increased by personal contributions from all the employees.

Question

Quizplus · Accepted Answer

Personal contributions from employees would not be a characteristic or method of paying out a profit sharing group incentive plan. Typically, the amount from the profit-sharing pool is distributed immediately or annually, and the amount from the escrow account may be invested until employee retirement.

Which of the Following Is NOT a Characteristic or Method