Podcast
Questions and Answers
Commission is a fee charged for specific services or transactions provided to customers.
Commission is a fee charged for specific services or transactions provided to customers.
True (A)
Straight commission is based on salary alone.
Straight commission is based on salary alone.
False (B)
Salary plus Commission is based on a basic or fixed salary plus a commission.
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.
Bonus Commission is given for exceeding a certain sales quota.
Signup and view all the answers
Graduated Commission is another term for Override Commission.
Graduated Commission is another term for Override Commission.
Signup and view all the answers
Is graduated commission based on commission rates for different levels of sales?
Is graduated commission based on commission rates for different levels of sales?
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?
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?
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?
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?
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?
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?
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?
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?
Signup and view all the answers