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 correct?
 

Option 1: Operating surplus = Compensation of employees + profit + interest.
 

Option 2: Operating surplus = Compensation of employees + rent+ interest.
 

Option 3: Operating surplus = Rent and royalty + profit + interest.
 

Option 4: Operating surplus = Compensation of employees + profit + mixed income.
 

Question : The components of income method includes-

Option 1: Compensation of employees

Option 2: Operating surplus

Option 3: Mixed income

Option 4: All of the above.

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.

Question : Income of a doctor running a clinic at his residence is an example of ______________________.
 

Option 1: Mixed income
 

Option 2: Compensation of employees 
 

Option 3: Income from property
 

Option 4: Income from entrepreneurship