Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Financial Statements - I

Question:

.................. is remuneration paid to workers who are directly engaged in the factory for loading, unloading, and production of goods.

Options:

Wages

Salary

Production cost

Work cost

Correct Answer:

Wages

Explanation:

The correct answer is option 1- Wages.

Wages refer to remuneration paid to workers who are directly engaged in factory for loading, unloading and production of goods and are debited to trading account.