Which of the Following Is a Similarity Between Functional Job

question 17

Multiple Choice

Which of the following is a similarity between functional job analysis and the Position Analysis Questionnaire?

• A) The items that make up both of these methods are organized into 10 sections.
• B) Both instruments are relatively simple and easy to use.
• C) The dimensions measured by both of these methods are believed to underlie all jobs.
• D) Both provide information on 187 separate job-related items.

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Definitions:

Discount Rate

The interest rate used to calculate the present value of future cash flows.

Present Values

The today's worth of a future cash amount or cash flow series, determined by a given rate of return.

Discounting

The process of determining the present value of future cash flows by applying a discount rate, reflecting the time value of money.

Compounding

The process in which the value of an investment increases because the earnings on an investment, both capital gains and interest, earn interest as time passes.