When It Comes to Pay Satisfaction, Most Employees Base Their

question 6

Multiple Choice

When it comes to pay satisfaction, most employees base their desired pay on their job duties and ______:

• A)the potential for promotions.
• B)their basic needs.
• C)their status.
• D)the pay given to their superiors.
• E)the pay given to comparable colleagues.

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Definitions:

Markup

The amount added to the cost price of goods to cover overhead and profit; a percentage of the cost.

Machine-Hours

A measure of production volume or activity based on the number of hours machines are operated.

Machine-Hours

A measurement used in cost accounting to allocate expenses to products or job orders, based on the number of hours machines are operated.

Direct Labor-Hours

An indicator of the cumulative hours spent by workers directly engaged in the production process.