All of the Following Are Characteristics of Hourly Wage Plans

question 24

Multiple Choice

All of the following are characteristics of hourly wage plans except:

• A)They provide no extra recognition for doing more than the minimum required.
• B)They are easy to apply.
• C)They establish a definite rate per hour for each employee.
• D)They encourage employees to sacrifice quality in order to maximize earnings.

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Definitions:

Earthquakes

Earthquakes are the shaking of the surface of the Earth resulting from a sudden release of energy in the Earth's lithosphere that creates seismic waves.

Median

The central figure in an arranged sequence of values, splitting the collection of data into two equal parts.

Magnitudes

Measures or levels of size, volume, amount, or extent of physical quantities or statistical values, often used in comparisons.

Variance

A statistical measure of the dispersion or spread of data points in a data set, indicating how far each data point in the set is from the mean.