_____ Costs Tend to Not Be Specifically Reported in the Budget

question 57

Multiple Choice

_____ costs tend to not be specifically reported in the budget.

• A) Administrative
• B) Equipment
• C) Supply
• D) Travel

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Definitions:

Factor Comparison Method

A systematic technique for evaluating job positions by comparing them based on key factors such as skills, responsibilities, and working conditions, to determine appropriate compensation.

The Point Method

A technique used in job evaluation that assesses jobs on the basis of a series of factors that are each given a point value.

Job Evaluation Method

A systematic process for determining the relative worth of jobs within an organization by analyzing their duties, responsibilities, and requirements.

Compensable Factors

Elements of a job that are used to determine appropriate compensation, such as skill level, effort, responsibility, and working conditions.