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Under the piece wage system, the remuneration is paid to the employees on the basis of ______ produced by him. - Business Studies

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Question

Under the piece wage system, the remuneration is paid to the employees on the basis of ______ produced by him.

Options

  • Work

  • Pieces

  • Output

MCQ
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Solution

Under the piece wage system, the remuneration is paid to the employees on the basis of pieces produced by him.

Explanation:

Under the piece wage system, employees are paid for each piece they produce. Their wages depend directly on the number of pieces made, not on time worked. The more pieces produced, the more payment they get.

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Chapter 8: Staff Remuneration - EXERCISES [Page 116]

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Goyal Brothers Prakashan Business Studies [English] Class 12 ISC
Chapter 8 Staff Remuneration
EXERCISES | Q I. B. 5. | Page 116
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