Which of the Following Is NOT a Reason That Managers

question 134

Multiple Choice

Which of the following is NOT a reason that managers put a lot of importance into developing a good compensation system?

• A) a sense of fairness
• B) to attract talented employees
• C) to avoid breaking the law
• D) to retain talented employees

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Definitions:

Stop Payment Order

A request made to a bank by an account holder not to pay a check or payment that has been issued but not yet cashed.

Banker's Acceptance

A short-term financial instrument issued by a company but guaranteed by a bank as accepted for payment at a future date, often used in international trade.

Electronic Funds Transfers

The electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems.

POS

Point Of Sale; a system used at retail locations to manage sales, inventory, and customer transactions.