The Final Major Decision in Pay-Level Determination Is to _____

question 39

Multiple Choice

The final major decision in pay-level determination is to _____.

• A)interpret and apply the results of the survey
• B)obtain top-management acceptance of the final decisions
• C)design grades and ranges or bands
• D)draw policy lines

---

Definitions:

Carrying Amount

The book value of an asset or liability on the balance sheet, calculated by deducting any accumulated depreciation or amortization from the asset's initial cost.

Bonds Payable

Liabilities representing amounts owed by a company to bondholders, to be paid at a specified maturity date.

Face Value

The nominal value or dollar value printed on a bond, note, or other financial instrument, representing the amount due at maturity.

Unamortized Discount

An unamortized discount refers to the portion of a bond's initial discount that has not yet been amortized or gradually written off over the life of the bond.