In Regard to the Use of Information Technology in Compensation,which

question 37

Multiple Choice

In regard to the use of information technology in compensation,which of the following is false?

• A) It should be used to assist job documentation
• B) It can transform flexible benefits plans from an impractical concept to a useful one
• C) It should assist in labour market data analysis
• D) It should be used to provide full access by supervisors to employee records

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Definitions:

Units

The measures or quantities of a product, service, or resource, which are accounted for in business transactions.

Activity Variance

The difference between the actual cost incurred for an activity and the expected cost, based on the budgeted or standard amount.

Direct Labor

The wages paid to workers who are directly involved in the production of goods or the provision of services.

Units

Units typically refer to the individual items or quantities of a product or service produced or sold by a business.