What Is the LEAST Likely Reason That a Firm Would

question 126

Multiple Choice

What is the LEAST likely reason that a firm would use job evaluation?

• A) eliminating pay inequities
• B) identifying the organization's job structure
• C) estimating the average industrial wage rate
• D) developing a hierarchy of job value for creating a pay structure

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Definitions:

Legally Operate

To conduct business activities in accordance with the laws and regulations of the jurisdiction in which the business exists.

Accrual Basis

An accounting method where transactions are recorded when they are earned or incurred, regardless of when cash transactions occur.

Accounting

is the systematic recording, reporting, and analysis of financial transactions of a business or individual.

Dividend Income

Income received from owning shares in a company, which is often taxable at different rates than regular income.