Revlex Inc.has implemented a refinement of the salary cutoff approach to short-term incentive eligibility, which assumes that all managers should be eligible for short-term incentives.This is known as

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The refinement of the salary cutoff approach to short-term incentive eligibility mentioned in the question is referring to the concept of salary grades, where employees are grouped into salary ranges based on their level of responsibility and qualifications. This approach assumes that all managers should be eligible for short-term incentives, which is consistent with the salary grade approach. The other options listed are not directly relevant to this concept.