Piece rate system of wage payment is more suitable in which of the following circumstances ? (A) There is an uninterrupted flow of work (B) Where the work can be closely supervised (C) As there is no hurry to finish the
CS Executive · Cost and Management Accounting · PYQS · December 2017
Piece rate system of wage payment is more suitable in which of the following circumstances ? (A) There is an uninterrupted flow of work (B) Where the work can be closely supervised (C) As there is no hurry to finish the work (D) Where the output of a worker is not in his control
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Labour Costing
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