269
136.2k
Chapter:

30+ Wages and Salary Administration Solved MCQs

in Human Resource Management (HRM)

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration in Computer Applications (BBA [CA]) , Bachelor of Business Administration (BBA) , Bachelor of Commerce (B Com) , Bachelor of Business Administration in Human Resource Management (BBA HRM) , Bachelor of Tourism Studies (BTS) .

Chapters

Chapter: Wages and Salary Administration
1.

According to Taylor’s Differential plan, the worker is paid according to his?

A. degree of efficiency
B. degree of understanding
C. degree of flexibility
D. degree of loyality
Answer» A. degree of efficiency
2.

How many components are there in remuneration?

A. 4
B. 5
C. 6
D. 7
Answer» B. 5
3.

Which of the following option is a component of remuneration?

A. fringe benefits
B. commitment
C. external equity
D. motivation
Answer» A. fringe benefits
4.

What is the alternate name for incentives?

A. gratuity
B. paid holidays
C. payments by result
D. none of the above
Answer» C. payments by result
5.

Which importance is emphasised by the reinforcement and expectancy theory?

A. person actually experiencing award
B. seeking to restore equality
C. holding identical jobs in the organisation
D. none of the above
Answer» A. person actually experiencing award
6.

Which are the three types of equities mentioned in the equity theory?

A. internal
B. external
C. individual
D. all of the above
Answer» D. all of the above
7.

_____ involves the perceived fairness of pay differentials.

A. external equity
B. individual equity
C. internal equity
D. all of the above
Answer» C. internal equity
8.

Who are the two main stakeholders in an organisation?

A. ceo and top management
B. employers and employees
C. executives and owners
D. none of the above
Answer» B. employers and employees
9.

Which of these is an internal factor influencing remuneration?

A. business strategy
B. cost of living
C. legislations
D. society
Answer» A. business strategy
10.

Which of the following is a challenge mentioned in remuneration?

A. employee participation
B. pay secrecy
C. comparable worth
D. all of the above
Answer» D. all of the above
11.

Under which conditions does skill - based pay system work well?

A. employee turnover is relatively high
B. to set minimum wages for workers whose bargaining position is weak
C. to abolish malpractices and abuses in wage and salary payments
D. none of the above
Answer» A. employee turnover is relatively high
12.

Which of the wage concept is higher than fair wage?

A. minimum wage
B. living wage
C. team based pay
D. none of the above
Answer» B. living wage
13.

Effective supervision is an activity of

A. organization function
B. staffing function
C. control function
D. direction function
Answer» D. direction function
14.

Off the Job Training Method consists

A. role playing method
B. case study method
C. programmed training
D. all of the above
Answer» D. all of the above
15.

Which is the Human Relation Policy?

A. open communication
B. common interest
C. mutual acceptance
D. all of the above
Answer» A. open communication
16.

In job-evaluation the Key Jobs are designated as ones

A. which are more in number in the organisation.
B. which are most important for the survival of the organisation
C. which are most secure
D. all of the above
Answer» B. which are most important for the survival of the organisation
17.

---------- is the process of deciding how to fill the company's most important executive positions.

A. succession planning
B. organisational restructuring
C. self directed teams
D. corporate downsizing
Answer» A. succession planning
18.

Compensation can be _____ benefits.

A. monetary
B. non-monetary
C. both ‘a’ and ‘b’
D. none of the above
Answer» C. both ‘a’ and ‘b’
19.

Wages represents _____ rates of pay.

A. hourly
B. daily
C. weekly
D. monthly
Answer» A. hourly
20.

______ are also called ‘payments by results’.

A. allowances
B. claims
C. incentives
D. fringe benefits
Answer» C. incentives
21.

Incentives depends upon

A. productivity
B. sales
C. profits
D. all of the above
Answer» D. all of the above
22.

The following is paid only at the time of employees exit after serving more than five years.

A. perquisites
B. claims
C. gratuity
D. allowances
Answer» C. gratuity
23.

The following is a perquisites.

A. club membership
B. provident fund
C. medical allowance
D. group insurance
Answer» A. club membership
24.

‘A behaviour which has rewarding experience is likely to be repeated’ is postulated by

A. reinforcement and expectancy theory
B. equity theory
C. agency theory
D. none of the above
Answer» A. reinforcement and expectancy theory
25.

‘A fair day work for fair day pay’ denotes a sense of _______ felt by employees.

A. responsibility
B. equity
C. happiness
D. respect
Answer» B. equity
26.

The remuneration system needs to meet the following type(s) of equity.

A. internal
B. external
C. individual
D. all of the above
Answer» D. all of the above
27.

Which of the following factor influence(s) employee compensation?

A. labour market
B. cost of living
C. labour unions
D. all of the above
Answer» D. all of the above
28.

Any compensation plan must be

A. understandable, workable, acceptable
B. reasonable, workable, acceptable
C. understandable, feasible, acceptable
D. understandable, workable, compensable
Answer» A. understandable, workable, acceptable
29.

The following is not a part of remuneration model

A. job description
B. job evaluation
C. job hierarchy
D. job analysis
Answer» D. job analysis
30.

Elitist remuneration systems are prevalent among

A. well established firms
B. companies with mature products
C. companies with limited competition
D. all of the above
Answer» D. all of the above
31.

In organized industrial establishments pay review takes place once in ____ years.

A. three
B. seven
C. ten
D. fifteen
Answer» A. three

Done Studing? Take A Test.

Great job completing your study session! Now it's time to put your knowledge to the test. Challenge yourself, see how much you've learned, and identify areas for improvement. Don’t worry, this is all part of the journey to mastery. Ready for the next step? Take a quiz to solidify what you've just studied.