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Incentive Scheme

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Incentive Scheme

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by Ken Garrett.
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  • Author
    Posts
  • November 12, 2013 at 2:54 pm #145656
    nhs14
    Participant
    • Topics: 2
    • Replies: 2
    • ☆

    Can you please tell me the correct answer for the following question?

    Question:12
    What is the term used to describe incentive scheme based on output, calculated as a fixed price per item produced within a standard unit of time?
    A. Merit rating
    B. Payment by results
    C. Promotion
    D. Profit sharing

    November 19, 2013 at 8:05 am #146716
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10597
    • ☆☆☆☆☆

    I would expect the answer to be ‘Piece rate’!

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