Individual Incentives MCQ with Answers PDF Download – Test 76

MCQ 376: In piece rate system, the method in which the same amount is paid for standard output and higher amount is paid for more units is classified as:

1. straight piece rate system
2. differential piece rate system
3. fixed profit piece rate system
4. fixed cost piece rate system

MCQ 377: The perceived fairness that must be considered in outcomes of performance is classified as:

1. procedural justice
2. distributive justice
3. primacy justice
4. recency justice

MCQ 378: The statistical model which is used to identify the benefits and expenses related to human resource activities is classified as:

1. utility analysis
2. investment analysis
3. cost-benefit analysis
4. both A and C

MCQ 379: In financial benefits, the benefit sponsored by the employer to provide lending and saving services for employees of organization is classified as:

1. purchase discounts
2. credit union
3. debit union
4. sale discounts

MCQ 380: The payments made to employees without taking hours for which they worked into consideration are called:

1. base pay
2. wages
3. variable pay
4. salaries