Which of the Following Is the Definition of Compensable Factors

question 92

Multiple Choice

Which of the following is the definition of compensable factors?

• A)They are jobs that are unique to organizations and that cannot be directly valued or compared through the use of market surveys.
• B)They are the characteristics of jobs that an organization values and chooses to pay for.
• C)They are the jobs that have relatively stable content and are common to many organizations.
• D)They are the factors that describes the relationship between a job's pay and its job evaluation points.
• E)They are the jobs that are of similar worth or content grouped together for pay administration purposes.

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Definitions:

Direct Labor

The work contributed by employees who are directly involved in the manufacturing process of a product.

Indirect Materials

Supplies used in the production process but not directly traceable to a finished product, such as lubricants for machinery.

Direct Materials

Raw materials that are directly traceable and allocable to the production of specific goods or services.

Raw Materials

Basic substances in their natural, modified, or semi-processed state, used as inputs to a production process for subsequent modification or transformation into finished goods.