Please state the letter answer for each question and also provide justification for the answer. Please either restate definitions or provide evidence of the answer for justification.

31.______ A loan clerk evaluating his/her pay relative to that of a teller within the company is an example of __________.

A) internal equity

B) external equity

C) pay equity

D) worth equity

E) wage equity

32._____ Which of the following are three major factors of the Hay plan?

A) Know-how, problem solving, accountability.

B) Problem solving, job rank, accountability.

C) Know-how, interpersonal skills, problem solving.

D) Physical demands, interpersonal skills, working conditions.

E) Education, experience, interpersonal skills.

33. __________ involves comparing a specific position to the generic descriptors and deciding which level fits best.

A) Job ranking

B) Job analysis

C) Point-factor plans

D) Job classification

E) Job description

34._____ Which of the following is true about the point-factor plan?

A) Point-factor plans rank jobs in an organization purely based on a comparison of one against another.

B) The point-factor approach does not break jobs down into component parts and assigns point values for various characteristics.

C) Point-factor plans are inexpensive to design.

D) Point-factor plans tend to have a high level of integrity.

E) Difficult for organization to trace, analyze, and document differences among jobs.