Which of the Following Is True About Job Evaluation

question 22

Multiple Choice

Which of the following is true about job evaluation?

• A)It is used to establish an internally aligned pay structure.
• B)It is seldom developed using benchmark jobs.
• C)Employers design a single evaluation plan for all types of work.
• D)Typically, an employer evaluates all jobs in the organization at the same time.
• E)It isolates each job's pay from its relative contribution to the organization.

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Definitions:

Profit and Loss Ratio

An analysis tool indicating the relationship between the profits and losses of a business within a specific period.

Predistribution Plan

A strategy for allocating resources or assets before they are actually distributed, often used in financial planning or estate management.

Liquidation Expenses

Costs associated with winding up a company's operations and selling its assets, often occurring during the process of liquidation or bankruptcy.

Safe Payments

Transactions that are protected against fraud, theft, or any other types of financial risks, ensuring the security of the payment process.