Which of These Is NOT an External Factor Affecting Compensation

question 33

Multiple Choice

Which of these is NOT an external factor affecting compensation?

• A)Geographic differences in locations.
• B)Supply of workers in the local area.
• C)Wages paid by others seeking workers.
• D)Job evaluation in compensation.
• E)Union employers in the area.

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Definitions:

Rate of Return

The net gain or loss on an investment over a specified time period, expressed as a percentage of the investment's initial cost.

Cash Flows

The total amount of money being transferred into and out of a business, affecting its liquidity.

Lump Sum

A single payment made at a particular time, as opposed to a series of payments made over time.

Future Value

The value of an investment or cash flow at a specified future date, considering the applied interest rate or rates of return.