11 Accounting Crossword Quiz

12345678910111213141516171819
Across
  1. 3. employer costs based on day work are fixed based on
  2. 6. In the formula for labour productivity, what is the numerator?
  3. 7. Formula = hourly wage rate x hours worked (2 words)
  4. 8. An advantage for day work is (.....) are easy to plan and budget for (2 words)
  5. 9. How many methods of employee remuneration are there?
  6. 10. Liam’s a salesman at his uncle’s trumpet store. The other week, Liam sold 8 trumpets and each trumpets earned him £50. Every sale of trumpet Liam made, he was commissioned with an agreed amount by his uncle. What type of remuneration did his uncle waged him?
  7. 12. payment of wages based on piecework is linked directly to _______
  8. 14. Quality of output might suffer because of
  9. 16. It’s a type of bonus scheme where “more efficient workers will earn more.”
  10. 17. A factory produces 5,000 units a day with 25 employees. What is the labour productivity per employee per day...units?
  11. 19. In the formula for labour productivity, what is the denominator?
Down
  1. 1. Labour productivity can be improved by using improved (.....), leading to the same output with fewer employees.
  2. 2. Labour cost = rate per piece produced x quantity produced ] is the formula for ______
  3. 4. What is the term applied to payments to employees?
  4. 5. Why is labour productivity important for businesses, reduce …?
  5. 10. The measurement of employee efficiency
  6. 11. Which bonus scheme is simpler to operate?
  7. 13. Paul is a diligent person, he works as a cashier in a minimarket. He works 6 days a week, 7 hours a day. Last week, he managed to earn himself £504 from working. How many pounds does he get paid hourly? £…
  8. 15. Labour productivity formula: the output produced divided by the number of …
  9. 18. A business needs to keep total costs and unit costs as low as possible in order to remain?