Using the Point Manual, How Is the Relative Worth of a Job

question 94

Multiple Choice

Using the point manual, how is the relative worth of a job determined?

• A) by benchmarking jobs contained in the point manual
• B) through the wage mix
• C) by the number of steps within the pay grade
• D) by the total points that have been assigned to that job

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Definitions:

Tax Rate

The fiscal percentage deducted as tax from an individual's or corporation's income.

CCA Class

Capital Cost Allowance Classes are categories in tax systems that determine the depreciation rate for tax purposes on assets.

Depreciation Tax Shield

The reduction in taxable income for businesses due to the allowance for depreciation, thereby lowering tax liabilities.

Foundry

A foundry is a factory that melts metal and pours it into molds to create castings, often used in manufacturing processes for various industries.