Answer the following statements true (T) or false (F)
1.Starting salary is the lowest hourly rate of pay generally permissible by federal law.
2.Equity theory is the principle that when jobs are distinctly different but entail similar levels of ability, responsibility, skills, and working conditions, they are of equal value and should have the same pay scale.
3.The custom factor comparison method of job evaluation is tailored to the individual organization and to the jobs within the organization.
4.A rate range provides the maximum, minimum, and midpoint of pay for a certain group of jobs.
5.Broadbanding is the process of changing the company structure to get rid of some of the vertical hierarchy (reporting levels) in an organization.
1.false
2.false
3.true
4.true
5.false
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There has been an increasing judicial tendency to limit the effect of exculpatory clauses or declare them unenforceable on public policy grounds when they appear in residential leases.
Answer the following statement true (T) or false (F)
An organization’s financial results are a measure of ______.
A. efficiency B. coherence C. effectiveness D. accomplishment
Noncash investing and financing activities may be disclosed in:
A. The financing activities section of the statement of cash flows. B. The investing activities section of the statement of cash flows. C. A note in the financial statements or a schedule attached to the statement of cash flows. D. The reconciliation of cash balance section. E. The operating activities section of the statement of cash flows.
Petra signs a check payable to Quincy, who indorses the back, gives it to Regional Credit Union, and receives cash. The transfer of the check from Quincy to the credit union is
A. an assignment. B. a negotiation. C. a payment. D. a sale.