Which of the Following Is NOT a Job Evaluation Compensable

question 31

Multiple Choice

Which of the following is NOT a job evaluation compensable factor required by pay equity legislation in Ontario?

• A) skill
• B) effort
• C) working conditions
• D) market comparability

---

Definitions:

Economic Profit

The difference between total revenue and total costs, including explicit and implicit costs.

Implicit Costs

The opportunity costs of using resources that a firm already owns to produce goods or services instead of earning money from these resources elsewhere.

Accounting Costs

Expenses recognized in a company's financial statements or accounts, representing outlays related to its operations and maintenance.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs.