Which Job Evaluation Method Is a Quantitative Technique Involving the Identification

question 59

Multiple Choice

Which job evaluation method is a quantitative technique involving the identification of several compensable factors and the degree to which each of these factors is present in the job?

• A) ranking method
• B) point method
• C) factor comparison
• D) job classification method

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Definitions:

Objective Evidence

Information that can be verified through empirical data, observation, measurement, and other forms of data that are not influenced by personal feelings or opinions.

Ledger

A comprehensive collection of a company's financial accounts, where transactions are recorded using a double-entry bookkeeping system.

Accrual Basis Accounting

An accounting method where revenues and expenses are recorded when earned or incurred, regardless of when the cash transactions occur.

Statement of Retained Earnings

A financial statement that shows the changes in a company's retained earnings over a specific period.