Which of the following approach involves giving an employee an option to take money and then repay it out of the commissions?
A) Impromptu loan
B) Current account
C) Over-draw account
D) Drawing account

Question

Quizplus · Accepted Answer

The approach described in the question is known as a Drawing account. It is a type of account in which an employee is given the option to draw money in advance against future commission earnings. The employee can then repay the advance out of their future commission earnings. Therefore, option D is the correct choice.

Which of the Following Approach Involves Giving an Employee an Option