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The Recently Appointed CEO of XYZ Inc

Question 29

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The recently appointed CEO of XYZ Inc.uses a luxury summerhouse owned by the company for rest and relaxation with his family as well as a place to invite important clients before a lucrative business deal.XYZ Inc.also provides a membership to an exclusive country club to its CEO.These kinds of benefits offered to CEOs are called


A) discretionary bonuses.
B) perquisites.
C) golden parachutes.
D) clawback provisions.

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