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MEASUREMENT OF NI

Total questions: 7

Worksheet time: 3mins

Name
Class
Date
1.

Which of the following is included in compensation of employees?

a)

dearness allowances

b)

tools given to employees to be used during work

c)

payment by insurance company to an injured employee

d)

contribution by employee to provident fund.

2.

which of the following is not a part of profit?

a)

corporate tax

b)

retained earning

c)

dividends

d)

royalty

3.

income method is also known as :

a)

distributive share method

b)

income disposable method

c)

industrial origin method

4.

which of the following is included in domestic income.

a)

factor income from abroad

b)

capital gains

c)

bonus to employees

5.

operating surplus refers to:

a)

income from property

b)

income from entrepreneurship

c)

income from property and entrepreneurship

6.

which of the following is not a component of domestic income?

a)

net factor income from abroad

b)

operating surplus

c)

mixed income

d)

compensation of employees

7.

________________ refers to the income generated by own account workers like farmers,mason and unincorporated enterprises like retail traders,shopkeepers.

a)

operating surplus

b)

mixed income

c)

COE