Question

In piece rate system, the method in which the same amount is paid for standard output and higher amount is paid for more units is classified as

a.

straight piece rate system

b.

differential piece rate system

c.

fixed profit piece rate system

d.

fixed cost piece rate system

Answer: (b).differential piece rate system

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Q. In piece rate system, the method in which the same amount is paid for standard output and higher amount is paid for more units is classified as

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