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The Purpose of Prevailing Wage Laws Is to Assure That

question 53

True/False

The purpose of prevailing wage laws is to assure that government projects do not waste tax dollars.


Definitions:

Performance Objectives

Specific goals and targets set for employees or departments to achieve, linked to the overall strategic objectives of an organization.

Secure Adequate Financing

The act of obtaining sufficient funds or capital necessary to support operations, projects, or investments.

Subgroups Consistency

The degree to which the policies, practices, and procedures applied to various subgroups within an organization are uniform and equitable.

Overall Direction

The general course or strategic path an organization or individual plans to take to achieve its goals or objectives.

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