Which of the following best describes piece rate system-14812
Which of the following best describes piece rate system?
This multiple choice question (MCQ) is related to the book/course
vu mgt402 Cost & Management Accounting.
It can also be found in
vu mgt402 Final Term - Quiz No.11.
Which of the following best describes piece rate system?
The increased volume of production results in decreased cost of production
The increased volume of production in minimum time
Establishment of fair standard rates
Higher output is a result of efficient management
