________ Payments,which Are One of the Largest Components of a Government's

question 2

Multiple Choice

________ payments,which are one of the largest components of a government's budget,are payments by the government to individuals for which the government does not receive a new good or service in return.

• A) Subsidy
• B) Transfer
• C) Support
• D) Equilization

---

Definitions:

Job Ranking System

The simplest and oldest system of job evaluation by which jobs are arrayed on the basis of their relative worth.

Goal System

A structured approach to setting, monitoring, and achieving objectives within an organization, often linked to performance management.

Job Evaluation System

A method used by organizations to assess the value of each job in relation to others within the company to determine appropriate compensation levels.