One Common Feature of All Types of Incentive Plans Is

Multiple Choice

One common feature of all types of incentive plans is:

A) an established standard of performance that is used to determine the magnitude of the incentive pay.
B) a sharing contract between the employees and employers, which stipulates that the losses incurred by the companies will be shared by both employees and employers.
C) the established formula that specifies the maximum percentage of base pay allocated as incentives.
D) a risk-sharing plan that increases pay depending upon the turnover rate of a company.