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Time Rate System of wages payment is more appropriate where ______. - Business Studies

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Question

Time Rate System of wages payment is more appropriate where ______.

Options

  • quality rather than quantity of output is the main consideration.

  • where work is standard used and not repetitive.

  • where machines and equipment used are delicate and very expensive.

  • All of these cases

MCQ
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Solution

Time Rate System of wages payment is more appropriate where quality rather than quantity of output is the main consideration, where work is standard used and not repetitive and where machines and equipment used are delicate and very expensive.

Explanation:

The Time Rate System is best where quality is more important than quantity, work is non-repetitive or skilled, and delicate or expensive machines are used. It encourages careful, steady work without rushing, reducing errors and damage.

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Chapter 8: Staff Remuneration - EXERCISES [Page 115]

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Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 8 Staff Remuneration
EXERCISES | Q I. A. 3. | Page 115
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