What Is a Spiff? - Definition & Overview

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following is the best explanation of a spiff?

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1. What's another name for spiff?

2. What's the difference between a spiff and a sales bonus paid by your employer?

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About This Quiz & Worksheet

Use the multiple choice quiz and practice worksheet to test your knowledge of spiffs. The lesson provides a general overview of spiffs and will help you prepare for a successful quiz and worksheet. Be sure to understand ways to calculate spiffs and ethical issues surrounding them.

Quiz & Worksheet Goals

Topics covered in this assessment include:

  • Spiffs
  • The difference between spiffs and sales bonuses
  • Spiff calculations
  • Ethical issues

Skills Practiced

  • Making connections - understand the relationship between sales and spiffs
  • Critical thinking - use what you learned about ethical issues to examine sales differently
  • Distinguishing differences - compare and contrast topics from the lesson, such as spiff and sales bonus

Additional Learning

Learn more about spiffs by reviewing the lesson, What is a Spiff? - Definition & Overview. The following lesson will help you:

  • Identify alternative name for spiffs
  • Understand potential ethical issues
  • Learn general spiff calculations
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