Which of the Following Is True of a Pay Adjustment

question 96

Multiple Choice

Which of the following is true of a pay adjustment matrix?

• A) It reflects an employee's horizontal movement in an organization.
• B) It is used to determine the compensation benchmark for a particular industry.
• C) It is used to determine the compensation benchmark for a particular organization.
• D) It reflects an employee's vertical movement in an organization.

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Definitions:

Duty of Care

Duty of care is a legal obligation that requires individuals or organizations to adhere to a standard of reasonable care while performing acts that could foreseeably harm others.

Financial Statements

Documents that report the financial activities and condition of a business or entity, including the balance sheet, income statement, and cash flow statement.

Land Title

A legal document or evidence that proves ownership of a piece of land.

Solicitor-Client Privilege

A legal principle that protects the confidentiality of communications between lawyers and their clients.