Which of the Following Is Typically the Immediate Next Step

question 39

Multiple Choice

Which of the following is typically the immediate next step after job analysis in the compensation administration process?

• A) Compensation philosophy
• B) Job evaluation
• C) Internal focus
• D) External focus

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Definitions:

Past-due Account

An account that has not been paid by the due date, indicating overdue payments.

Receivable

Amounts of money owed to a company by customers or clients for goods or services delivered but not yet paid for.

Average Collection Period

The average collection period is the average number of days it takes for a business to receive payments owed by its customers for sales made on credit.