___ incentives include co-partnership,bonus and profit sharing.

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Solution

Monetary incentives include co-partnership,bonus and profit sharing.

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Q. Pay and allowance, profit sharing and bonus are examples of incentives.

Q. Long Answer Question:
Explain 'Profit sharing', 'co-partnership and suggestion system' as monetary incentive:

___ incentives are those which are in direct monetary form or measurable in monetary terms. They may be in the form of a bonus, profit sharing, etc.

Q. Agreement to share profits in a partnership firm ___________.

A and B were partners in a firm sharing profits and losses in the ratio 3 : 2. They admit C into the partnership with $\frac{1}{6}$ share in the profits. Calculate the new profit sharing ratio.

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