The Point Method of Job Evaluation Identifies Several Compensable Factors

question 79

Multiple Choice

The point method of job evaluation identifies several compensable factors, each having several degrees, in addition to

• A)degrees to which each of these factors is present in the job.
• B)degrees within a present job.
• C)identifying behavioural anchors.
• D)establishing points in ranking jobs.
• E)ranking jobs.

Understand the impact of credit policy changes on accounts receivable and sales volume.

Calculate break-even points for changes in credit policy.

Understand inventory management techniques and their financial implications.

Identify the key components of a firm's credit analysis and collection policy.

---

Definitions:

Capital Resources

Assets such as machinery, tools, and buildings that are used in the production of other goods and services.

Resource Availability

The extent to which inputs required for production, such as raw materials, labor, and capital, are readily obtainable in the economy or market.

Technological Capabilities

The skills, knowledge, tools, and processes available to an individual, organization, or society that enable technological developments or innovations.