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I need an explanation of the correct answer in 150 words at least. Which of the following...

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Accounting

I need an explanation of the correct answer in 150 words atleast.

Which of the following types of payments made by a privateorganization would be subject to all statutory deductions?

a) Signing bonus

b) Death benefits

c) Directors' fees

d) None of the above

Answer & Explanation Solved by verified expert
3.9 Ratings (689 Votes)
Correct answer would be a Signing Bonus c Directors Fee Please refer below explanation for your reference Signing Bonus A signing bonus or signon bonus is a sum of money paid to a new employee by a company as an incentive to join that company They are often given as a way of making a compensation package more attractive to the employee eg if the annual salary is lower than he or she desires To encourage employees to stay    See Answer
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