Think about different ways people are compensated for work, including salary compensation, hourly wages, and contracted compensation. Which statement best describes how salary employees are compensated? A) The amount earned by a person on salary wages is based on revenue earned by the employer. B) Salary compensation is based on how many hours are worked by an employee within a specified pay period. C) A salary is a predetermined annual compensation amount divided by the number of pay periods within a year. D) People who are compensated for their work on a salary are paid minimum wage, but also earn tips from customers.
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