The Principle of Equal Rates of Pay for All Employees

question 40

Multiple Choice

The principle of equal rates of pay for all employees in an organization performing the same kind and amount of work,regardless of any personal characteristics that are not job-related,is called:

• A)equal pay for work of equal value
• B)pay equity
• C)equal pay for equal work
• D)non-discriminatory job-related pay rates
• E)reverse discrimination

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Definitions:

Assignment Of Receivables

The transfer of a company's right to receive money from a debtor to another party.

Accounts Receivable Period

The mean duration a company requires to receive payments from its clients following a sale.

Quarterly Sales

Revenue generated by a company, or the amount of goods/services sold within a specific three-month period.

Accounts Payable Period

The average number of days it takes for a company to pay its invoices from suppliers and creditors.