In Developing Compensation Plans, the Management Accountant Works to Achieve

question 46

Multiple Choice

In developing compensation plans, the management accountant works to achieve fairness by making the plan:

• A) Precise, comprehensive and directive.
• B) Simple, clear and consistent.
• C) Attractive.
• D) Rewarding.
• E) Selective.

---

Definitions:

Job Sharing Arrangements

A work structure where two or more individuals share the responsibilities and duties of a single full-time job.

Delphi Technique

A method used to gather data from respondents within their domain of expertise through multiple rounds of questionnaires to reach a consensus.

Quantitative Model

Analytical and numeric approaches used in decision-making processes to solve human resource management problems.

Qualitative Model

A model that uses non-numerical data to analyze phenomena and provides insights based on qualities rather than quantities.