James Says, "I Don't Trust the Way the Company Determines

question 33

Multiple Choice

James says, "I don't trust the way the company determines pay rates in my department." If James feels this way despite being happy with his current salary, he is most likely concerned about _____.

• A)procedural justice
• B)distributive justice
• C)internal equity
• D)external equity

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Definitions:

Unit Selling Price

The price at which a single unit of a product is sold.

Budgeted Sales

Projected sales for a future period, often used for planning and managing resources and setting goals.

Beginning Inventory

The value of a company's inventory at the start of an accounting period, which is carried over from the end of the previous period.

Ending Inventory

The value of goods available for sale at the end of an accounting period, calculated as the beginning inventory plus net purchases minus cost of goods sold.