Which of the following best describes cost-of-living adjustment?
A) one-time payments for meeting previously established performance objectives
B) consolidated pay which is not subject to any change regardless of the cost-of-living
C) percentage increment to base pay provided to all employees regardless of performance
D) compensation to provide for items that are in short supply
E) increment to base pay in recognition of past work behaviour
Correct Answer:
Verified
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A)Total
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