Which of the Following Statements About Pay Strategies Is FALSE

question 54

Multiple Choice

Which of the following statements about pay strategies is FALSE?

• A) Pay is an important job characteristic for almost all applicants.
• B) Organizations have a recruiting advantage if their policy is to pay more than the current market wages for a job.
• C) Higher pay cannot make up for a job's less desirable features.
• D) Organizations that compete for applicants based on pay may use bonuses,stock options,and other forms of pay besides wages and salaries.
• E) All the statements about pay strategies are true.

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Definitions:

Periodic System

An inventory accounting system where updates to inventory levels and cost of goods sold are made at the end of an accounting period.

Purchase Discounts

Reductions in the price of goods purchased, usually as a reward for early payment to the supplier.

Freight-In

The cost associated with getting inventory to a business, usually included in the cost of goods sold.

GAAP

The collection of standard accounting practices widely recognized for financial reporting is called Generally Accepted Accounting Principles.