The _____ Method of Job Evaluation Is the Most Commonly

question 46

Multiple Choice

The _____ method of job evaluation is the most commonly used method in the United States and Europe.

• A)ranking
• B)factor comparison
• C)classification
• D)point

---

Definitions:

Lubricants

Oils, greases, and other substances used to reduce friction between mechanical parts.

Supplies

Items and materials used in the daily operations of a business, often consumable and regularly replaced.

Material Price Variance

The difference between the actual cost of materials and the expected (or standard) cost.

Labor Rate Variance

The difference between the actual cost of labor and the expected (or budgeted) cost, based on predetermined rates and actual hours worked.