Which of the following statements is true of the classification system as a job evaluation method

into a grade according to the group it best matches.*b.It is time-consuming and difficult to use, which accounts for its limited popularity inorganizations.c.It uses subjective judgments to develop the class descriptions and to place jobsaccurately in them.d.It is a qualitative method that combines the classification and ranking methods.38.Which of the following is true of the point factor method of job evaluation?

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39.The _____ uses external pay data to identify the relative value of jobs based on what otheremployers pay for similar jobs.

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40.A _____ is a report based on research of compensation rates for workers performing similarjobs in other organizations.

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41.Benchmark jobs are _____.a.all blue-collar jobs that require high skill and application*b.jobs that are found in many other organizationsc.all white-collar jobs that require high skill and applicationd.jobs that are not commonly found in many other organizations

42._____ are used to group individual jobs having approximately the same job worth.

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Which of the following is an advantage of the factor comparison method for job evaluation?

It provides more accurate results than either the ranking or job grading methods do. It uses compensable factors, of which the worth of each is easily determined.

Which of the following is a job evaluation technique that requires managers to quantify in objective terms?

The point system for job evaluation requires managers to quantify, in objective terms, the value of the various elements of specific jobs. The point system is more sophisticated than the classification system and is also relatively easy to use.

Which job evaluation method is most commonly used today?

The point factor method is the most commonly used approach to job evaluation. This method identifies four primary compensable factors used to determine pay.

Which of the following is true of cafeteria style benefits plans offered by organizations quizlet?

Which of the following is true of cafeteria-style benefits plans offered by organizations? - They are prearranged plans administered by organizations that provide income to employees at their retirement.

Which of the following statements is most accurate regarding how people form evaluations of other people and of other stimuli?

Which of the following procedures would most likely help an auditor identify events after the date of the financial statements that should be disclosed?

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Fundamentals of Financial Management, Concise Edition

Intermediate Accounting

Century 21 Accounting: General Journal

Essentials of Investments

Principles of Economics

Statistics for Business and Economics

Essentials of Investments

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Which of the following is an advantage of the factor comparison method for job evaluation?

Which of the following is a job evaluation technique that requires managers to quantify in objective terms?

Which job evaluation method is most commonly used today?

Which of the following is true of cafeteria style benefits plans offered by organizations quizlet?

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