In Cases Where One Consistent Job Evaluation Plan Is Used

question 27

Multiple Choice

In cases where one consistent job evaluation plan is used to set pay throughout a firm or organization, women nearly always receive _______ wages than men.

• A) higher
• B) lower
• C) significantly less
• D) the same

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Definitions:

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return, used in discounting to account for the time value of money.

Future Cash Receipts

Expected incoming cash flows from business operations, investments, or other sources.

Callable Bonds

Securities that the issuer has the right to repurchase before they reach their due date, for a predefined amount.

Market Rate

The prevailing rate of interest available in the marketplace for securities of similar risk and maturity.