Types of Commission Quiz

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

Straight commission is based on salary alone.

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

Bonus Commission is given for exceeding a certain sales quota.

Graduated Commission is another term for Override Commission.

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

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