A+ Answers of the following Questions

1. Question : Which one of the following states has the highest level of personal income?
Tennessee
Montana
Connecticut
New York

2. Question : The financial strength to own your own home normally begins with entry into the
working poor
lower-middle class
middle-middle class
upper-middle class

3. Question : An organization designs and implements a reward system to
provide a medium of exchange of the income of an organization to its employees for their monetary and in-kind claims on goods and services
promote the comradeship of workplace associates
focus worker attention on the specific behaviors the organization considers necessary to achieve its desired objectives and goals
require employees to perform assignments for which they are best suited

1. Question : The term “going rate” implies that there is
a standard rate for a job in a community
a rate of pay that eliminates discriminatory actions
union contract established rates of pay
single rate of pay for which employees will work

2. Question : In the following array of data, which value is the 9th decile? 3 8 13 20 4 8 15 24 5 9 15 25 5 10 17 28 7 12 18 29
20
24
25
28

3. Question : Many specialists who make extensive use of survey data believe that _______ values provide valuable information for establishing minimum and maximum pay values for a job or a grade.
first and second quartile
first and third quartile
second and third quartile
first and fourth quartile

1. Question : The optimal number of pay grades to be included within a pay structure is
10
25 to 30
18
there is no right number

2. Question : The term “sore thumbing” when applied to the job evaluation process relates to
physical problems related to the job
a rating that appears to be inappropriate
a profile that is too high
a very low rating score

3. Question : The spread of a range within a pay grade will normally vary anywhere from _____ to _____ percent on either side of the midpoint of a pay scale.
5-40
10-50
50-100
25-75

1. Question : A compensation scatter diagram plots the points or dots on a chart where each point represents a
wage grade
job rate of pay
class level
point of central tendency

2. Question : Which one of the following statements best describes compensable factors?
statements that define the specific attributes of a particular job more precisely
relatively abstract and complex qualities and features that relate to all kinds of jobs
skills used in solving growing related problems in jobs
physical working conditions surrounding a job

3. Question : Relatively new or different jobs in which demand far exceeds the supply of qualified applicants are known as
key jobs
exotic jobs
high-tech jobs
benchmark jobs

1. Question : Which of the following job evaluation systems is the easiest to implement but potentially the most discriminating?
ranking
market guideline
point factors
classification

2. Question : A compensation scatter diagram plots the points or dots on a chart where each point represents a
wage grade
job rate of pay
class level
point of central tendency

3. Question : The term “going rate” implies that there is
a standard rate for a job in a community
a rate of pay that eliminates discriminatory actions
union contract established rates of pay
single rate of pay for which employees will work