A ________ Is Comprised of Jobs of Approximately Equal Difficulty

question 57

Multiple Choice

A ________ is comprised of jobs of approximately equal difficulty or importance as established by job evaluation.

• A) pay group
• B) benchmark
• C) pay grade
• D) class
• E) wage curve

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Definitions:

Accounting Principles

The rules and guidelines that businesses follow to report financial information consistently and accurately.

Private Sector

The part of the economy that is owned and operated by individuals and companies for profit, and is not controlled by the state.

Financial Accounting Standards Board

An independent organization responsible for establishing and improving financial accounting standards in the United States.

Economic Entity Assumption

A fundamental principle in accounting that separates the transactions of a business from those of its owners or other businesses.