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Which item is included in Compensation of Employees?

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Question

Which item is included in Compensation of Employees?

Options

  • Windfall gains from lottery

  • Wages and salaries in cash and kind

  • Gifts and donations received

  • Capital gains

MCQ
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Solution

Compensation of Employees includes wages and salaries paid in cash and kind. Gifts, capital gains, and windfall gains are not factor incomes.

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