Indicate whether the following statements are True or False.
1. Incentive systems benefit only workers
2. There is no difference between direct and indirect labor.
3. Under Halsey plan, the benefit of time saved is given equally to workers and the management.
4. Under the high wages plan, workers are paid normal wages plus bonus.
5. Normally overtime wages are paid at the double rate as compared to normal rate.
6. Taylor’s differential piece rate plan assures minimum wages to workers.
7. Time keeping and time booking are one and the same.
8. Time booking is not necessary in case of piece workers.
9. Cost of idle time due to labor strike should be treated as overheads.
10. Time booking is done by the time keeper at the factory gate.
11. The purpose of work measurement is to determine the standard time for doing a task.
12. Cost of normal idle time should be treated as overheads.
13. Payroll sheets are prepared by Payroll Department.
14. Time booking means recording of attendance time.
15. Earnings under Halsey and Rowan Plan are the same.