Money paid periodically to persons such as clerical staff as well as supervisory and managerial staff, is referred to _______.

Wages

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Bonus

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Incentives

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Salaries

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Solution

The correct option is D Salaries
The permanent employees and clerical staff have the task of supervision and decision-making. They receive a fixed amount as payment to their contribution in the form of salary. The amount is fixed and is paid periodically to the employees, it does not depend on the unit of work done.
Wages are payment to the labour on the unit of work done. Bonus and incentives are add-ons to the income of the employee, it is not provided regularly.
Hence, option (D) is the correct answer.

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