Job Specifications

question 43

Multiple Choice

Job specifications:

• A) require the rating of each position described.
• B) list all the compensable factors of a particular job.
• C) consist of worker characteristics necessary for successful performance.
• D) identify, define, and describe each job in terms of its duties, responsibilities, and working conditions.

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Definitions:

Net Profit

The actual profit after working expenses not included in the calculation of gross profit have been paid.

External Users

Individuals or entities outside a company, such as investors and creditors, who rely on financial information to make decisions.

Accounting Information

Data related to the financial transactions and status of an organization, used for decision-making, planning, and financial reporting.

Managers

Managers are individuals in an organization responsible for directing and overseeing the work of a group of people in achieving certain goals or completing projects.