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CIMAPRA17-BA2-1 Exam - Topic 2 Question 104 Discussion

Actual exam question for CIMA's CIMAPRA17-BA2-1 exam
Question #: 104
Topic #: 2
[All CIMAPRA17-BA2-1 Questions]

The wages of a machine operator who is paid a guaranteed minimum wage plus a bonus for each unit produced would be described as A.

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Suggested Answer: B

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Lynna
5 days ago
This question reminds me of a practice question we did on compensation structures. I think it could be "variable pay," but I need to double-check my notes.
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Tamra
10 days ago
I remember studying different wage types, and I feel like this is related to incentive pay, but I can't recall the exact terminology used in class.
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Candida
15 days ago
I think the answer might be "piece rate," but I'm not entirely sure if that's the right term for a guaranteed minimum wage plus bonuses.
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Annette
20 days ago
Ah, I know this one! The wage structure being described is a "piece rate" system, where the worker gets a base pay plus an additional amount for each unit produced. I'm confident that's the right answer.
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Cristy
25 days ago
Ugh, I'm not totally sure about this one. I remember discussing different wage structures in class, but I'm drawing a blank on the specific term for this setup. I'll have to take a guess and hope for the best.
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Pamella
1 month ago
Okay, let me think this through. The key information is that the worker gets a minimum wage plus a bonus per unit. I'm pretty sure that's called a "piece rate" wage, but I want to make sure before I answer.
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Glendora
1 month ago
Hmm, this seems like a straightforward question about wage structures. I think I know the answer, but I'll double-check my notes to be sure.
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