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Question 301 ptsThe fixed amount of salary a salesperson earns is referred to as his or her base salary.Group of answer choicestruefalse PreviousNext

Question

Question 30

The fixed amount of salary a salesperson earns is referred to as his or her base salary.
Group of answer choices:

  • true
  • false

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Solution

Step 1: Understanding the Question

The question is asking whether the statement that "the fixed amount of salary a salesperson earns is referred to as his or her base salary" is true or false.

Step 2: Relevant Concepts

  • Base Salary: This is a fixed amount of money that an employee earns before any additional bonuses, commissions, or benefits are added.

Step 3: Analysis

In common employment terminology, the base salary is the initial rate of compensation that an employee receives, which does not include potential bonuses or commissions that may fluctuate based on performance or sales. For a salesperson, this base salary is a critical component of their total compensation, providing financial security despite variable earnings from commissions.

Step 4: Verify and Summarize

Based on the definitions and understanding of the term "base salary," the statement in the question accurately describes what a base salary is.

Final Answer

True - The fixed amount of salary a salesperson earns is indeed referred to as his or her base salary.

This problem has been solved

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