Which of the Following Would Not Be Considered an Internal

question 190

Multiple Choice

Which of the following would not be considered an internal user of accounting data for the GHI Company?

• A) President of the company.
• B) Production manager.
• C) Merchandise inventory clerk.
• D) President of the employees' labor union.

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Definitions:

Hay Plan

A method of job evaluation developed by the Hay Group that assesses positions on the basis of know-how, problem-solving ability, and accountability to determine relative worth.

Executive Jobs

Professional positions with significant decision-making responsibilities often within the higher levels of an organization's hierarchy.

Job Evaluation Method

A systematic process used to determine the relative worth of jobs within an organization, often as a basis for establishing pay scales.

Merit Pay

A pay system where employee compensation is based on performance as measured through appraisals and achievements, rather than seniority or hours worked.