To Set Pay Standards, HRM Employs ________

question 91

Multiple Choice

To set pay standards, HRM employs ________.

• A) outside consultants
• B) a federal pay scale
• C) a panel of an employee's peers
• D) a performance management system

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Definitions:

Double-declining-balance Method

A method of accelerated depreciation which doubles the straight-line depreciation rate, applying it against the un-depreciated balance each year.

Depreciation Schedule

A table detailing the periodic depreciation expense for an asset over its useful life.

Annual Depreciation

The process of allocating the cost of a tangible asset over its useful life on a yearly basis.

Useful Service Life

The estimated period over which a fixed asset is expected to be usable by the company.