What Term Describes the Process of Adjusting Survey Results to Account

question 16

Multiple Choice

What term describes the process of adjusting survey results to account for the dated nature of compensation surveys,while at the same time,taking into consideration potential market increases in the following year?

• A) benchmarking the data
• B) aging the data
• C) data alignment
• D) pay trending

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Definitions:

Spinoff

A type of corporate restructuring where a division or subsidiary is separated from the parent company to form a new independent entity.

Subsidiary Divestiture

The process of a parent company selling off or otherwise disposing of a part of its business operations, often a subsidiary, division, or asset.

Leveraged Buyout

The acquisition of another company using a significant amount of borrowed money to meet the cost of acquisition.

Collateral

Assets pledged by a borrower to secure a loan or credit, which the lender may seize if the borrower fails to repay the agreed amounts.