Incentive Compensation Notes Questions with Answers PDF Download – Test 51

MCQ 251: In an organization, the base pay is classified as being part of:

1. direct compensation
2. primacy compensation
3. indirect compensation
4. recency compensation

MCQ 252: The addition of new responsibilities regarding management functions such as organizing, planning and evaluating to increase job depth is classified as:

1. job validity
2. job reliability
3. job enrichment
4. job enlargement

MCQ 253: The situation in which the disputes arose from the labor's contract and different interpretations are settled by third party is called:

1. grievance conciliation
2. grievance procedures
3. grievance arbitration
4. grievance ratification

MCQ 254: According to traditional compensation approach, the perks and bonuses are:

1. for CEO only
2. for all employees
3. for executive only
4. not for executives

MCQ 255: The process in which comparison of one's company outputs are made with the one of the best in the similar industry is classified as:

1. primary ratio
2. secondary ratio
3. ternary ratio
4. benchmarking