1. From a tax planning standpoint, what form of compensation is least desirable for the manager? For the firm? 2. List the three bases for bonus incentive plans; explain how they differ and how each...

1. From a tax planning standpoint, what form of compensation is least desirable for the manager? For the firm?

2. List the three bases for bonus incentive plans; explain how they differ and how each achieves (or does not achieve) the three objectives of management compensation.