Which of the Following Statements Is True of Payment Using

question 63

Multiple Choice

Which of the following statements is true of payment using time wages?

• A)It encourages employees to be more productive.
• B)It provides incentives to increase productivity.
• C)It is primarily used for skilled workers.
• D)It is appropriate when employees are continually interrupted.
• E)It is used when quantity is more important than quality.

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Definitions:

Asylum Seeker

An individual who is seeking international protection from dangers in their home country but whose claim for refugee status has not yet been determined.

Free Market Capitalism

An economic system based on supply and demand with minimal government intervention.

Competitive Advantage

The edge a business has over its competitors, allowing it to generate greater sales or margins and retain more customers.

Tax-Free Trade

Commerce between countries or entities that is exempt from taxes, often to encourage trade or investment.