这道题是怎么理解的？

问题如下：

An investment analyst would likely be most concerned about an executive compensation plan that:

选项：

A.

Changes annually.

B.

Is aligned with the compensation plans of competitors.

C.

Is solely cash-based without an equity component.

解释：

C is correct. If an executive compensation plan offers cash only, the interests of management and investors (and other stakeholders) may be misaligned. An equity-based compensation plan is commonly used to align management interests with those of shareholders.

A is incorrect, because a plan that changes each year would typically be of less concern to an analyst compared with one that did not change.

B is incorrect, because an analyst would likely be concerned if a company’s executives were under- or overcompensated relative to competitors.