Multiple Choice
Which of the following statements is not correct?
A) Employers pay salaries or wages to their employees in exchange for their labor.
B) Salaries are paid on a periodic basis as a fixed installment of an agreed upon total amount defined as the remuneration for the person making her or his services available to the employer for an agreed upon annual number of hours.
C) Salaries are dependent on the level of occupation the employer will be able to provide.
D) Wages refer to the payment of an amount defined by an agreed hourly rate or piecework applied to the actual number of units of labor provided during the period for which the wages are calculated.
Correct Answer:

Verified
Correct Answer:
Verified
Q11: A business's financing needs come essentially from:<br>A)
Q12: Under IFRS 16,all leases must adopt the
Q13: Which of the following statements is not
Q14: Contingent liabilities are recognized in the balance
Q15: What is the term used for the
Q17: Which of the following items is not
Q18: Which of the following items is not
Q19: Which of the following examples does not
Q20: For the IASB,a provision should be recognized
Q21: How is the debt ratio calculated?<br>A) Total