Reference no: EM132618951
Problem 1: Workers who earn wages based on the basis of their output are called:
a. Pieceworkers
b. Casual workers
c. Outsourced workers
d. Part-time workers
e. Permanent workers
Problem 2: Gross remuneration for hourly wages is calculated as:
a. Units manufactured x rate per unit
b. Hours worked x rate per hour
c. Units manufactured x rate per hour
d. Hours worked x units produced
e. Rate per hour/hours worked
Problem 3: Under what type of remuneration system is an organisation's budget simplified?
a. Fixed salary
b. Piecework rate
c. Hourly wages
d. Total labour cost
e. All of the above
Problem 4: Which of the following is not an allowance?
a. Travel allowance
b. Housing allowance
c. Telephone allowance
d. Medical aid allowance
e. All of the above are allowances
Problem 5: Taxable income is calculated as:
a. Normal remuneration - Pension contribution
b. Gross remuneration - Pension contribution
c. Normal remuneration - Medical aid contribution
d. Gross remuneration - Medical aid contribution
e. Total income x tax rate