In a Point System Matrix for Evaluating Any Particular Job,which

question 65

Multiple Choice

In a point system matrix for evaluating any particular job,which compensable factors could be included?

• A)level of responsibility
• B)skill requirements
• C)working conditions
• D)effort needed
• E)all of the choices

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Definitions:

Differential Cost

The difference in total cost that will result from selecting one alternative over another.

Contribution Margin

The difference between sales revenue and variable costs, indicating the amount available to cover fixed costs and generate profit.

Variable Administrative Expenses

Expenses within the administration sector that fluctuate with the level of business activity, like sales commissions.

Contribution Margin

The amount by which a product's sales price exceeds its variable costs, used to cover fixed costs and generate profit.