Question : ___________________________ refers to the amount paid to employee by employer for rendering the productive service.
Option 1: Compensation of employees
Option 2: Wages and salaries in cash
Option 3: Wages and salaries in kind.
Option 4: Employers contribution to social security scheme.
Correct Answer: Compensation of employees
Solution :
Question : Compensation of employs includes the following-
Option 1: Wages and salaries in cash
Option 2: Wages and salaries in kind
Option 3: Employers contribution to social security scheme.
Option 4: All of the above.
Question : Which of the following is a part of compensation of employees?
Option 1: Employers contributionn to social security scheme.
Option 2: Employees contribution to social security scheme.
Option 3: Mixed Income
Question : The technique of work measurement aims to:
Option 1: Assess employee job satisfaction
Option 2: Evaluate employee performance
Option 3: Determine the time required to complete a task
Option 4: Calculate employee wages and salaries
Question : Select the option that expresses the given sentence in passive voice. The employer paid him the salary.
Option 1: He was paid by the employer salary.
Option 2: He was being paid the salary by the employer.
Option 3: The salary was paid to him by the employer.
Option 4: He had been paid the salary by the employer.
Question : Which of the following is not an example of operating activities for a Non-finance company?
Option 1: Cash payment for purchase of goods and/or availing services;
Option 2: Cash payment to Trade Payables (i.e., Creditors and Bills Payable);
Option 3: Cash payment of wages, salaries and other payments to employees;
Option 4: Dividend received on securities;
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