Who Wants to be a CFO!
Who Wants to be a CFO!
Test your knowledge on commission structures and quirky payout plans with our fun quiz, "Who Wants to be a CFO!" Challenge yourself with three engaging questions that will put your understanding of sales commissions to the test.
- Calculate commission payouts
- Understand creative compensation plans
- Have fun while learning!
Jessica just closed a $45K revenue deal. Her standard commission payout is 10%. How much will Jessica get paid?
$45,000
$4,500
$2,250
Nothing
Stephanie just received her commission plan. She will receive four equal payments of 25% of her total commission for the next four months. How much will she receive in the second month if her total commission on a $100K deal is 20%?
$20,000
$10,000
$5,000
A pat on the back and a bag of pretzels
Jeremy is a newly-minted Account Executive at his company. He just received his commission plan. It is as follows:
- Your commission rate will be 250 basis points above inflation for each deal in a country with a GDP in the 80th percentile or better
- If the deal is monthly, you will receive a percentage equal to the square of the distance between the earth and the sun as calculated in football fields (American football, not soccer).
- Your payout schedule is relative to your zodiac sign.
- Water Signs (Cancer, Scorpio, Pisces) will be paid out during the 3rd blood moon of the year
- Air Signs (Gemini, Libra, Aquarius) will be paid out nine days after Ed Sheeran drops an album
- Earth Signs (Taurus, Virgo, Capricorn) will be paid out during the 4th commercial of the second half of the Superbowl, unless that commercial so happens to be for Doritos.
- Fire Signs (Aries, Leo, Sagittarius) will not be paid.
- There is an accelerator (an additional 5.7935%) for any deal that coincides with the CEO’s wedding anniversary
If Jeremy doesn’t immediately quit his job and actually closes a $679,599 deal, what will he be receive in commission?
$12
$83,860
$83,860.01
Insufficient Information
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