The Point System for Job Evaluation Is the Most Widely

question 26

Multiple Choice

The point system for job evaluation is the most widely used system in Canada due to:

• A)ease of communicating the job evaluation process to employees
• B)the fact that it is the easiest to develop
• C)it being a far more simple system than either job ranking or job grading
• D)the need to conform to pay equity legislation and the provision,relatively,of the best information about job values
• E)the fact that generic computerized plans can be purchased

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Definitions:

Cost-Benefit Analysis

A process used to evaluate the total expected cost of a project compared to its expected benefits, in order to determine its feasibility or profitability.

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The standardized guidelines for accounting and financial reporting, providing transparency and consistency across financial statements and industries.