Under the Point Method Scheme of Job Evaluation,what Is the Main

question 18

Multiple Choice

Under the point method scheme of job evaluation,what is the main characteristic that distinguishes one job from another thereby making a job more valuable to an organization?

• A) market comparators
• B) regression analysis
• C) base pay structure
• D) point scores of the jobs

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Definitions:

Liabilities

Economic responsibilities or liabilities a corporation has towards other entities, necessitating repayment through transferring assets like money, merchandise, or services eventually.

Assets

Economic resources controlled by a business, capable of producing value, and are expected to benefit future operations, including cash, inventory, and property.

Creditors' Claims

Rights of lenders to receive payment from a borrower or from a borrower’s assets.

Liabilities

Liabilities represent obligations or debts that a company owes to external parties, which are expected to be settled through the outflow of resources or services.