Which of the Following Is an Assumption of Variable-Pay Systems

question 45

Multiple Choice

Which of the following is an assumption of variable-pay systems?

• A) Some jobs contribute more to organizational success than others.
• B) Cooperation and teamwork can be enhanced when individuals are rewarded for extra efforts.
• C) Equality in pay is a strong motivator of exceptional employee performance.
• D) Both good and poor performing employees will perceive a pay system that rewards high performance as satisfying and equitable.

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Definitions:

Interest Rate

The fee, represented as a proportion of the principal amount, that a lender imposes on a borrower for the utilization of assets.

Initial Cash Balance

The amount of cash a company has at the beginning of a specific accounting period.

Weekly Disbursements

The process of distributing funds or payments on a weekly basis.

Trading Costs

Expenses associated with buying and selling securities, including brokerage fees, commissions, and taxes.