Home › CBSE Class 12 (Commerce) › Business Studies › Staffing › Compensation refers to which of the following?
Compensation refers to which of the following?
AOnly the basic salary paid
BAll forms of pay or rewards
COnly bonuses given at festivals
DPenalties for breach of contract
Answer & Solution
Correct answer: B. All forms of pay or rewards
Compensation covers direct payments like wages and bonuses as well as indirect ones like insurance.
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