Which of the Following Is NOT a Common Goal of Compensation

question 14

Multiple Choice

Which of the following is NOT a common goal of compensation policy?

• A) to punish employees for poor performance
• B) to reward employees' past performance
• C) to maintain the budget
• D) to attract new employees

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Definitions:

Payables Period

The payables period is a financial metric that indicates the average time it takes for a company to pay its suppliers and vendors.

Accounts Payable Balance

The total amount of money a company owes to its suppliers or vendors for products and services purchased on credit.

Disbursement To Suppliers

The payment made by a company to its suppliers for goods or services received.

Operating Cycle

The average time period between the acquisition of inventory by a business and the receipt of cash from the sale of that inventory.