Question

Employees who are paid a portion of the profit from the sale of a product or service are paid on a commission basis. True or false

Answer 1

The correct answer is True

Explanation:

Employees can be paid using different models this includes wages according to time, wages based on the work done, and wages based on commissions. In the case of payments based on commissions, this means the employee receives a percentage or portion of the products or services he/she sells. For example, you work in a travel agency, and every time you sell a trip, you receive 20% of the amount of money paid by clients. This type of payment allows employees to control the amount of money they obtain but also it can be negative if due to external causes the employee does not sell any product or service. According to this, it is true employees who are paid a portion of the profit from the sale of a product or service are paid on a commission basis.

Answer 2

True. Hope this helps