Choose the best alternative answer.

Question

1. The following are factors that influence one’s perception of money except _______________.
a) Method of payment
b) Standard of living
c) Job level
d) Standard base pay
2._________________ recognises age and length of service differences.
a) Seniority variable pay
b) Pay for performance
c) Standard base pay
d) Merit pay
3.__________ is described as positive when a___________ behaviour is followed by something
____________. Please fill in the missing gaps.
a) Negative reinforcement; desired; pleasant
b) Reinforcement; pleasant; desired
c) Extinction; desired; pleasant
d) Reinforcement; desired; pleasant.
DIPLOMA Sessional Structured Timed Assignment
July-December BCR621 – Compensation & Rewards Systems
© BOU 2024 Page 3 of 7
4. The following are examples of fringe benefit packages except _________________.
a) Paid holidays
b) Company cars
c) Education reimbursement plans
d) Club membership

Answer 1

Here are the best alternative answers for each question:

1. The following are factors that influence one’s perception of money except d) Standard base pay.
   (Standard base pay is usually a known factor rather than an influencing perception.)

2. a) Seniority variable pay recognises age and length of service differences.
   (Seniority variable pay typically rewards employees based on their tenure.)

3. d) Reinforcement; desired; pleasant.
   (This properly describes the concept of reinforcement in behavioral psychology.)

4. The following are examples of fringe benefit packages except d) Club membership.
   (Club membership may not be considered a standard fringe benefit compared to the others listed.)