The Factor That Distinguishes Job-Based Pay from Skill-Based Pay Is

question 8

Multiple Choice

 The factor that distinguishes job-based pay from skill-based pay is that job-based pay policies

• A) are often used in organizations with lower hierarchical structures.
• B) are often used in organizations where tasks are narrowly defined.
• C) require individuals to use their personal judgment to make decisions.
• D) tend to be best suited for organizations with more decentralized authority.

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Definitions:

Manufacturing Overhead Budget

An estimation of all manufacturing costs excluding direct materials and direct labor, planned over a specific period.

Cash Disbursements

The outflow of cash for expenses, purchases, or investments by a business, recorded in the cash disbursements journal.

Manufacturing Overhead Budget

An estimate of the total costs associated with the indirect production activities, excluding direct materials and direct labor, for a certain period.

Direct Labor-Hour

A measurement unit for the amount of work or labor force contribution directly involved in manufacturing a product, typically expressed in hours.