In the Occupational Reinforcement Pattern (ORP) System, Jobs Are Rated

question 62

Multiple Choice

In the Occupational Reinforcement Pattern (ORP) system, jobs are rated according to which type of characteristic?

• A) education and income
• B) skills and abilities
• C) personality and interests
• D) values and needs

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Definitions:

Long-term Liabilities

Financial obligations of a company due after more than one year, such as bonds payable, long-term loans, and lease obligations.

Bonds Payable

These are long-term debt securities issued by companies to borrow money, with an obligation to pay interest and repay the principal at a future date.

Notes Payable Account

A notes payable account is a liability account on a company's balance sheet representing amounts the company owes under written promissory notes.

Annual Payments

Annual payments refer to the amount paid every year, either as an obligation, such as a subscription, or as part of a financial arrangement like a loan.