BEA 3 Flashcards

1
Q

Wages

A

monetary compensation paid to employees from firms in exchange for work.

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2
Q

Salary

A

Usually calculated on a yearly bases and paid weekly, montly or fortnightly.

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3
Q

Fees

A

charged to the customer for a particular service.

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4
Q

Commision

A

payment for selling goods or services on behalf of someone else.

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