should be a principle for an ideal wage payment system. (A) Fair and equitable remuneration (B) Effective control on labour cost (C) Equal pay for equal work (D) Attract qualified and efficient workers

CS Executive · Cost and Management Accounting · PYQS · December 2017
should be a principle for an ideal wage payment system. (A) Fair and equitable remuneration (B) Effective control on labour cost (C) Equal pay for equal work (D) Attract qualified and efficient workers
(A) Fair and equitable remuneration
(B) Effective control on labour cost
(C) Equal pay for equal work
(D) Attract qualified and efficient workers

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Labour Costing

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