Which of the following is a drawback of setting pay rates based strictly on a pay policy line? a. it increases the administrative burden of managing the compensation system. b. employees have difficulty interpreting regression analysis. c. the estimated pay for a job may not reflect conditions in the labor market. d. it increases the costs of surveying the market. e. it groups jobs, which will result in rates of pay for individual jobs that precisely match the levels specified by the market.

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.