Individual Incentives Multiple Choice Questions and Answers PDF

MCQ 1: In piece rate systems, the method in which number of units produced are multiplied by piece rate per unit, is classified as:

1. fixed profit piece rate system
2. fixed cost piece rate system
3. straight piece rate system
4. differential piece rate system

MCQ 2: The types of piece-rate systems include:

1. straight piece rate system
2. differential piece rate system
3. primacy piece rate system
4. both A and B

MCQ 3: The payment which is made to employee for only one time and is not part of the base pay is classified as:

1. incentives
2. primacy reward
3. bonuses
4. decency reward

MCQ 4: In piece rate system, the method in which the same amount is paid for standard output and higher amount is paid for more units is classified as:

1. straight piece rate system
2. differential piece rate system
3. fixed profit piece rate system
4. fixed cost piece rate system

MCQ 5: If the standard amount is 200 units with piece rate $5 and the units produced are 250 with each extra unit paid for $6 then the total amount paid is:

1. $1,300
2. $1,500
3. $1,400
4. $1,600