For the Open Pay System to Be Motivational for Employees

question 57

Multiple Choice

For the open pay system to be motivational for employees, ___________________.

• A) an employee's effort must be linked to short-term performance.
• B) measures need to be available for all important aspects of a job
• C) measures need to be available for most important aspects of a job
• D) Both A and B.

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Definitions:

Sarbanes-Oxley Act

The Sarbanes-Oxley Act is a U.S. federal law that established sweeping auditing and financial regulations for public companies, to protect investors from fraudulent financial reporting.

Felony

A serious crime, usually punishable by imprisonment for more than one year or by death.

Proper Records

Maintaining accurate and complete documentation of all transactions and operations in business, necessary for compliance and auditing purposes.

Criminally Liable

The legal responsibility one holds for committing an act that is prohibited by law, potentially resulting in criminal prosecution and penalties.