The _____Is a Jobevaluation Technique That Requires Managersto Quantify, in Objectiveterms

question 37

Multiple Choice

The _____is a jobevaluation technique that requires managersto quantify, in objectiveterms, the value of the variouselements of specific jobs.

• A) rating traits method
• B) classification system
• C) factor-comparison method
• D) point system
• E) graphic rating scale

---

Definitions:

Process Costing System

An accounting method used where similar products are mass-produced, expenses are averaged over the units, making it easier to determine per-unit costs.

Cost Of Goods Sold

The immediate expenses linked to manufacturing goods sold by a company, encompassing both materials and labor costs.

Work In Process-Department X

The costs assigned to products that are in the middle of the manufacturing process within a specific department but are not yet completed.

Goods In Process

Inventory items that are partially completed; they have been started in production but are not yet finished goods.