Grouping Jobs into Pay Grades Based on Similar Market Survey

question 33

Multiple Choice

Grouping jobs into pay grades based on similar market survey amounts is known as _____.

• A) market scaling
• B) market pegging
• C) market lining
• D) market banding

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Definitions:

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often paying fixed dividends.

Excess Of Par

The amount by which the price or value of a security exceeds its par value, particularly in the context of bond or stock issuance.

Cash Dividends Payable

A liability on the balance sheet indicating the amount of dividends the company has declared but has not yet paid to shareholders.

Declaration Of Cash Dividends

The announcement by a company's board of directors of a payment of cash dividends to shareholders.