Which of the Following Is True of the Point-Factor System

question 42

Multiple Choice

Which of the following is true of the point-factor system?

• A)In this system,job evaluators apply a weighting method before generating scores for the compensable factors.
• B)When a priori weights method is used,factors are weighted using expert judgments.
• C)In a priori weights method,weights are assigned to noncompensable factors.
• D)Multiple regression is an example of a priori weights method.
• E)When the weights are derived empirically,factors determining pay in the labor market are excluded.

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Definitions:

Current Ratio

A financial metric evaluating a firm's capacity to settle debts due within a year by dividing its current assets by its current liabilities.

Federal Unemployment Tax

A tax imposed on employers to fund state workforce agencies.

Double-Declining-Balance

An accelerated depreciation method that doubles the rate of depreciation of an asset's value compared to the straight-line method.

Depreciation Rate

The percentage at which an asset's value decreases over time due to use, wear, or obsolescence.