Which of the Following Questions Is Most Likely Answered by a Job

question 104

Multiple Choice

Which of the following questions is most likely answered by a job specification?

• A) How will an employee be rewarded for excellence in this job?
• B) What types of skills and experiences are required for this job?
• C) What are the essential activities required in this job?
• D) What are the performance standards for this job?

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Definitions:

Economic Questions

Fundamental questions that societies address regarding allocation of resources and distribution of goods and services; typically includes "what to produce," "how to produce," and "for whom to produce."

Particular Goods

Specific items or products that are distinguished by their unique features, functions, or qualities from general or generic goods.

Discount Rate

The interest rate used to determine the present value of future cash flows in discounted cash flow analysis.

Cash Flows

The movement of funds in and out of a company or financial entity, crucial for assessing its financial health.