All of the following are examples of pay without work except

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Consider the idea behind 'pay without work' as compensation received while not actively performing duties. 
Option 1: vacation. This is typically paid time off granted for rest and does not involve working during that period, fitting the concept of pay without work. 
Option 2: sick leave. Similar to vacation, sick leave provides pay during days you are unable to work due to illness, so it also counts as pay without work. 
Option 3: profit sharing. This form of pay is contingent on company performance and employee contribution, but it is not payment for time when one is not working; it is a share of profits and can be awarded regardless of immediate work activity. Therefore, it does not fit the definition of pay without work in the same sense as time-off benefits. 
Option 4: personal leave. Like vacation and sick leave, personal leave is paid time off used for personal reasons, meaning compensation while not working, which qualifies as pay without work. 
In sum, three options (vacation, sick leave, and personal leave) are classic examples of pay received during non-working periods, whereas profit sharing is fundamentally tied to overall performance and outputs rather than time away from tasks. This distinction helps differentiate each option's relation to 'pay without work.'

Introduction to Personal Finance CP - 2 - Beatty - Preparatory Academy - 1st Semester - 2025/2026 Final Exam- Requires Respondus LockDown Browser

All of the following are examples of pay without work except

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