OMVIC Practice Test

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Prepare for the OMVIC Practice Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your OMVIC exam!

Practice this question and more.

How much does each salesperson pay into the Compensation Fund?

150
200
300
Nothing

The correct answer is: Nothing

The reason why the other options are incorrect is because the question is asking about how much each salesperson pays into the Compensation Fund, suggesting that the payment is taken from their salary or commission. Options A, B, and C all suggest specific numbers, which may not be accurate and could change in the future. Option D, on the other hand, states that salespeople do not pay anything into the Compensation Fund, which is the correct answer.