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Match the Following Terms with the Descriptions Below

Question 44

Matching

Match the following terms with the descriptions below.

Premises:
Payment for services rendered based on a fixed set of time.
Payment for services rendered based on hours worked.
The full amount an employee earns.
Payment for services rendered based on a percentage of revenue generated.
A fringe benefit based on the occurrence of some future event.
The employees take-home pay.
Payment for services rendered based on the number of items completed.
Responses:
Hourly Pay
Piece-rate Pay
Net Pay
Bonus
Gross Pay
Commission Pay
Salary Pay

Correct Answer:

Payment for services rendered based on a fixed set of time.
Payment for services rendered based on hours worked.
The full amount an employee earns.
Payment for services rendered based on a percentage of revenue generated.
A fringe benefit based on the occurrence of some future event.
The employees take-home pay.
Payment for services rendered based on the number of items completed.
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