What Is a Spiff? - Definition & Overview


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?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. What's another name for spiff?

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

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

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