The concept of "wages" includes the following items, except
A)direct money payments like salaries and commissions.
B)bonuses and royalties.
C)amounts spent by workers.
D)fringe benefits like health insurance and paid leave.

Question

Quizplus · Accepted Answer

Wages refer to the compensation or remuneration paid to an employee by an employer for the service rendered. This includes direct money payments (salaries, commissions), bonuses, royalties, and fringe benefits (health insurance, paid leave). Amounts spent by workers do not fall under the definition of wages, as these are expenses incurred by employees rather than compensation received from employers.

The Concept of "Wages" Includes the Following Items, Except