107) The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as

108) One of the basic essentials of an incentive plan is that

109) In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his efficiency reaches

110) According to Rowan plan, if H = hourly rate, A = actual time and S = standard time, then wages will be

111) If a worker gets a daily wage of Rs HA, then according to Rowan plan, his maximum daily earnings can be