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Which one of the following methods, for the distribution of employees' paycheques, would provide the best internal control for the organization?
Job Status-based Rewards
Compensation or benefits given to employees based on their position or rank within an organization.
Bureaucratic Hierarchy
An organizational structure with clear levels of authority and a fixed set of rules and procedures to control operations and decision-making.
Membership and Seniority-based Pay
A compensation strategy where an employee's earnings are determined by their length of service and membership in an organization, rather than performance or skills.
Skill-based Pay Plans
Compensation strategies that reward employees based on the range, depth, or level of skills and competencies they demonstrate, rather than their job title or position.
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