Provident fund, pension and gratuity are examples of:
- Profit sharing
- Bonus payments
- Retirement benefits
- Perquisite offers
Show answer and solution
Correct answer: C. Retirement benefits
1. They give financial security after service.
2. These are retirement benefits.
3. They motivate while the person is still in service.
_Source: syllabus Business Studies Part I, Chapter 7, Directing._