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If the deed provides that a partner's salary will be reduced for taking long leave without consent, this provision relates to what?

Answer and explanation

Correct answer: Work and remuneration discipline

The clause specifically governs the link between a partner's absence and the financial consequence — deduction of salary — so it falls under work and remuneration discipline. Option B (partners' rights and duties) is a broader category and while absence concerns duties, the question pinpoints a disciplinary salary adjustment, making A more precise. Options C and D are unrelated: goodwill valuation and interest/profit-sharing do not deal with salary deductions for unauthorized leave. Exam tip: look for keywords like 'unauthorized leave', 'salary reduction' or 'deduction' to identify remuneration-discipline clauses in a deed.

Related tags

Partnership DeedPartner SalaryWork DisciplinePartners DutiesPartnership AccountingPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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