BEA 3 Flashcards
1
Q
Wages
A
monetary compensation paid to employees from firms in exchange for work.
2
Q
Salary
A
Usually calculated on a yearly bases and paid weekly, montly or fortnightly.
3
Q
Fees
A
charged to the customer for a particular service.
4
Q
Commision
A
payment for selling goods or services on behalf of someone else.