Which of the Following Factors Assist Employers in Determining Employee

question 57

Multiple Choice

Which of the following factors assist employers in determining employee pay rates? (You may select more than one answer. )

• A)Employee skill
• B)Company location
• C)Employee age
• D)Industry benchmarks

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Definitions:

Monthly Basis

A timeframe or calculation done once every month or for each month.

Round Answers

A mathematical procedure of adjusting the figure to the nearest desired value or precision, often in calculations or data presentations.

Finance Charge

The total cost of borrowing, including interest and other fees.

Previous Balance

The amount of money that was owed at the end of the previous billing period before any new charges were added.