ACCOUNTING QUIZ - LABOR COSTS

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Across
  1. 4. Main Advantage of controlling labour costs?
  2. 7. What cost type is day work?
  3. 9. A team-based reward method is called ….
  4. 11. Labour costs in piecework __________ as output increases.
  5. 13. Rate controlling fixed work is called …
  6. 15. What is the measure of the efficiency of employees within a business?
  7. 17. Which employee has higher labor costs?
  8. 19. One of the advantages of day work is to decreased
Down
  1. 1. What is the term called when referring to payments to employees?
  2. 2. What is his bonus?
  3. 3. What is one disadvantage of individual bonus schemes?
  4. 5. The measurement of employee efficiency is called?
  5. 6. Advantage of offering bonuses?
  6. 8. What is the disadvantage of daywork towards employee incentive to work?
  7. 10. Payment made according to the number of units produced is called?
  8. 12. To remain competitive, a business needs to keep……. Costs as low as possible
  9. 14. Bonus schemes reward more __________ workers.
  10. 16. Incentive for quick completion of tasks is called …..
  11. 18. a payment system with a fixed-cost is called ….
  12. 20. Labour productivity = Output per period (units) / Number of ………