Bill Has Recently Completed His Associates Degree in Accounting, Thereby

Multiple Choice

Bill has recently completed his Associates degree in Accounting, thereby moving him from an A/R Representative I to a level II position. Due to his degree Bill received a 6% wage adjustment, as do all employees who obtain their degree. Bill's organization follows:

A) skill based pay.
B) competency based pay.
C) knowledge based pay.
D) direct market pricing.
E) both A and C.