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As applied to mortgage loans,which of the following statements is FALSE?
Performance Standards
Benchmarks or criteria established by businesses or organizations to measure the quality and effectiveness of employee tasks and activities.
Indirect Compensation
Benefits provided by an employer that are not part of direct salary, such as health insurance, retirement plans, and paid leave.
Benefits
Compensation provided to employees beyond standard wages, including health insurance, retirement plans, and paid leave, intended to enhance job satisfaction and loyalty.
Employer's Strategy
A plan or approach devised by an employer to accomplish specific business goals, including hiring, training, and managing employees.
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