Types of Commission Quiz
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Questions and Answers

Commission is a fee charged for specific services or transactions provided to customers.

True (A)

Straight commission is based on salary alone.

False (B)

Salary plus Commission is based on a basic or fixed salary plus a commission.

True (A)

Bonus Commission is given for exceeding a certain sales quota.

<p>True (A)</p> Signup and view all the answers

Graduated Commission is another term for Override Commission.

<p>False (B)</p> Signup and view all the answers

Is graduated commission based on commission rates for different levels of sales?

<p>True (A)</p> Signup and view all the answers

Is override commission an additional commission paid to a sales supervisor or head of department based on store sales or the sales of the representatives who work under the supervisor?

<p>True (A)</p> Signup and view all the answers

Is override commission a type of commission in which the total earning of the sales agent is based on commission rates for different levels of sales?

<p>False (B)</p> Signup and view all the answers

Is graduated commission an additional commission paid to a sales supervisor or head of department based on store sales or the sales of the representatives who work under the supervisor?

<p>False (B)</p> Signup and view all the answers

Is graduated commission a type of commission in which the total earning of the sales agent is based on commission rates for different levels of sales?

<p>True (A)</p> Signup and view all the answers

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