The Point Method of Job Evaluation Entails ________

question 116

Multiple Choice

The point method of job evaluation entails ________.

• A) identifying several compensable factors, each having several degrees, and the degree to which each of these factors is present in the job
• B) ranking each job relative to all other jobs based on some overall factor
• C) using raters to categorize jobs into groups
• D) deciding which jobs have more of the chosen compensable factors

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Definitions:

Reports Center

A feature in accounting or business software that consolidates various financial reports and analysis tools in one easily accessible location.

QuickBooks Window

The interface or screen of the QuickBooks accounting software through which users can access various financial and accounting features.

Inventory List

A detailed record keeping all items or products held in stock by a business.

Purchase Discount

A reduction in the price of goods or services, offered by the seller to the buyer, typically for early payment or bulk buying.