Johnny is compensated based on a rate of $25.00 per hour worked. Which of the following terms best describes the manner in which Johnny is compensated?
A) commission
B) wage
C) piece rate
D) salary

Question

Quizplus · Accepted Answer

Johnny is compensated through wage, which is a fixed payment for each hour worked. Commission is a percentage of sales, piece rate is payment based on the number of units produced, and salary is a fixed payment received regardless of hours worked.

Johnny Is Compensated Based on a Rate of $25