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Piece workers are paid on the basis of

This question belongs to Commerce Costing
Costing
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Piece workers are paid on the basis of ________.

Answer & Solution
Correct Answer: Option B
Piece workers are paid on the basis of output produced. Piece rate system is the method of remunerating the workers according to the number of unit produced or job completed. It is also known as payment by result or output.
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