Accounting JAMB

The major source of document which enables employer to calculate the employee wages is the?

A. nominal roll of employees
B. records of number of hours worked
C. effort of the employee
D. Record of independence per employee

Correct Answer:

Option B – records of number of hours worked

Explanation

The number of hours worked is the period of time that a person spends at paid labour. This means that an employee’s pay roll is prepared by calculating the number of hours that an employee spends working for his or her employer. The wages/salaries of that employee are subject to an hourly rate. ( the more time you spend at work, the more the pay).

It is however worthy to note that, not all employees/employers practice this payment method.

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