Which of the Following Is Not True

question 45

Multiple Choice

Which of the following is not true?

• A) More companies are using pay based upon individual, group and organization performance.
• B) Workers with high security needs may accept lower pay for pay security.
• C) Workers may need higher pay to stay and perform in an at-risk pay company.
• D) Companies are moving back to entitlement-oriented pay to reduce turnover.

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Definitions:

Worksheet

A paper or spreadsheet used by accountants to prepare adjusting entries and to produce financial statements.

Trial Balance

A financial report that lists all accounts and their balances at a specific point in time, ensuring that debits equal credits.

General Ledger Accounts

Individual accounts in the general ledger that record all transactions of a company, used to prepare financial statements.

Liquidity

The simplicity of turning an asset into cash without impacting its market value.