Question : Compensation of employs includes the following-
Option 1: Wages and salaries in cash
Option 2: Wages and salaries in kind
Option 3: Employers contribution to social security scheme.
Option 4: All of the above.
Answer (1)
22nd Jan, 2024
Correct Answer: All of the above.
Solution :
Compensation of employees efers to the amount paid to employee by employer for rendering the productive service.
Compensation of employees includes the following
-
Wages and salaries in cash
-
Wages and salaries in kind
-
Employers contribution to social security scheme.
Hence, Option D is correct.
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