Which of the Following Would Not Be Used as a Criterion

question 29

Multiple Choice

Which of the following would not be used as a criterion pay structure?

• A) Market rates for current jobs.
• B) Union-negotiated rates.
• C) Rates for job held predominately by males.
• D) Federal government rates based on the minimum wages.

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Definitions:

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life.

Equipment

Tangible property or assets, excluding real estate and vehicles, used in the operation of a business to produce goods or services.

Unearned Revenue

Money received by a company for goods or services yet to be delivered or provided, recorded as a liability.

Liability

An obligation of an entity arising from past transactions or events, the settlement of which may result in the transfer or use of assets, provision of services, or other yielding of economic benefits in the future.