Fred Has an Annual Salary of $40,000

question 316

Multiple Choice

Fred has an annual salary of $40,000.00. He is paid semi-monthly and his regular workweek is 40 hours. What is his regular salary per pay period?

• A) $1,538.46
• B) $1,458.33
• C) $3,076.92
• D) $1,666.67
• E) $3,333.33

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Definitions:

Circular Differentiation

The process of distinguishing entities or elements in a system based on their roles, attributes, or positions in a circular, rather than linear, hierarchy.

Lateral Differentiation

The way in which an organization segregates its operations and responsibilities across the same hierarchical level.

Standardization

The process of implementing and developing technical standards to ensure consistency and compatibility within products, services, or processes.

Formalization

The degree to which the organization has official rules, regulations, and procedures.