Home › BBA › Business Studies › Nature and Purpose of Business › The reward earned in a profession is called a:
The reward earned in a profession is called a:
AMonthly salary
BYearly bonus
CProfessional fee
DTrading profit
Answer & Solution
Correct answer: C. Professional fee
1. Business earns profit and employment earns pay.
2. A profession charges for expert service.
3. The reward is a professional fee.
_Source: NCERT Class 11 Business Studies, Chapter 1, Business, Trade and Commerce._
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