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    Principles of Cost Accounting
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    Exam 3: Accounting for Labor
  5. Question
    A Wage Plan Based Solely on an Employee's Quantity of Production
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A Wage Plan Based Solely on an Employee's Quantity of Production

Question 8

Question 8

Multiple Choice

A wage plan based solely on an employee's quantity of production is known as a(n) :


A) Modified wage plan.
B) Hourly-rate plan.
C) Incentive wage plan.
D) Piece-rate plan.

Correct Answer:

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