External equity refers to ________
A) how a job's pay rate in one company compares to the job's pay rate in other companies
B) the fairness of an individual's pay as compared to a co-worker's pay for the same job
C) the perceived fairness of the processes and procedures used to make decisions about compensation
D) the use of salary surveys and job evaluation comparisons to monitor pay levels within an industry
Answer: A
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Internal control is most effective when only one person is responsible for a given task.
a. true b. false
Broker Brown entered into an oral listing agreement with the seller without a subsequent written verification. As to the payment of a commission to Brown, it would be:
a. Contrary to public policy. b. Prohibited by Commissioner rules and regulations. c. Permissible if the seller elects to do so, but not enforceable. d. Against the law.