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Costing - Phase (I & II) Methods of Costing

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……………….is a method of evaluating the job in terms of its money value.

Job analysis

Motion study

work measurement

Job evaluation

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Explanation:

A job evaluation is a systematic way of determining the value/worth of a job in relation to other jobs in an organization. It tries to make a systematic comparison between jobs to assess their relative worth for the purpose of establishing a rational pay structure