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Which kind of payment method is used when food, clothing, housing and transport are provided to employees, as part of remuneration?Group of answer choicesa. Payment in handb. Informal paymentc. Payment in goodsd. Payment in kind

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Which kind of payment method is used when food, clothing, housing and transport are provided to employees, as part of remuneration?Group of answer choicesa. Payment in handb. Informal paymentc. Payment in goodsd. Payment in kind

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Solution

The type of payment method used when food, clothing, housing, and transport are provided to employees as part of remuneration is d. Payment in kind. This type of payment involves providing goods or services instead of cash.

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