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Practice with C1 Dumps for WorldatWork Other Certification Certified Exam Questions & Answer
NEW QUESTION # 28
The concept of bona fide occupational qualifications has most direct relevance to which of the following components of employee compensation programs?
- A. Performance evaluations
- B. Salary surveys
- C. Job specifications
- D. Job descriptions
Answer: C
NEW QUESTION # 29
Employer-sponsored death benefits are most commonly based on which of the following?
- A. The employee's premium contributions
- B. The employee's annual salary
- C. The size of the employee's family
- D. The employee's health history
Answer: B
NEW QUESTION # 30
To qualify for the executive exemption from the minimum wage and overtime provisions of the FLSA, among other things what must an employee do?
- A. Customarily and regularly direct the work of at least two full-time employees
- B. Perform work that is intellectual and varied
- C. Devote less than 15% of his/her time to nonexempt work
- D. Possess knowledge of an advanced type in business administration
Answer: A
NEW QUESTION # 31
Which of the following is a type of variable pay?
- A. Hourly rate
- B. Piece rate
- C. Salary
- D. Commissions
Answer: D
NEW QUESTION # 32
Which of the following agencies enforces the FLSA?
- A. Office of Federal Contract Compliance Programs
- B. National Labor Relations Board
- C. Equal Employment Opportunity Commission
- D. Department of Labor
Answer: D
NEW QUESTION # 33
What statement is most accurate regarding communication of compensation information?
- A. Compensation terms are well-known and easily understood by most stakeholders.
- B. Compensation professionals should anticipate the level of the audience and tailor messages to their needs.
- C. Compensation terms and practices are unclear to most individuals who do not work in this area and communication should be tailored to the least informed member of the target audience.
- D. The ready availability of information online has made it unnecessary for compensation professionals to tailor messages since individuals can research terms and concepts after the fact if they don't understand a communication.
Answer: B
NEW QUESTION # 34
Regarding fixed and variable costs, what tends to happen as revenue increases?
- A. Variable costs increase and consume a higher percent of revenue
- B. Fixed costs decrease
- C. Fixed costs remain the same and consume a lower percent of revenue
- D. Variable costs decrease
Answer: C
NEW QUESTION # 35
Regarding compensation communications with executives, where do they tend to need the greatest level of understanding?
- A. In the methods and processes used to make pay decisions
- B. In the overall program objectives
- C. In the differences in pay levels for the different levels of the organization
- D. In the details of their individual compensation packages
Answer: B
NEW QUESTION # 36
Which of the following are the two primary elements of benefits?
- A. Unemployment and disability
- B. Mental health coverage and health care coverage
- C. Pay for time not worked and income protection programs
- D. Defined contribution and defined benefits plans
Answer: C
NEW QUESTION # 37
Which government agency enforces the Sherman Antitrust Acton issues related to the workforce?
- A. Office of Federal Contract Compliance Programs
- B. National Labor Relations Board
- C. Equal Employment Opportunity Commission
- D. Department of Labor
Answer: D
NEW QUESTION # 38
What best describes a use of strategic analysis?
- A. Pricing your products appropriately
- B. Evaluating prior year performance for the narrative portion of annual financial reports
- C. Forecasting profit, growth and investment performance to develop realistic budgets
- D. Understanding your business and its competitive strengths and weaknesses
Answer: D
NEW QUESTION # 39
Which of the following best describes present value?
- A. The current value of holdings
- B. The difference between the desired value in the future and the current value as a percentage of the desired value
- C. The desired value in the future and what needs to be invested today to realize that amount
- D. The current value of holdings and how much it will grow over time at a given rate of return
Answer: C
NEW QUESTION # 40
How do commissions typically differ from annual incentives for non-executive employees?
- A. They are offered to motivate employee performance.
- B. They are based on a predetermined performance and reward schedule.
- C. They are intended to align the interests of the employee with those of the organization.
- D. They tend to make up the larger portion of an employee's total compensation.
Answer: D
NEW QUESTION # 41
Which of the following best describes a factor that has influenced the growth and change in benefits?
- A. Employees have longer career expectations.
- B. Decreasing costs are causing growth in the numbers of benefits employers offer.
- C. There is a decreasing number of females in the workforce.
- D. Employees are expressing a greater desire for choice in their benefits.
Answer: D
NEW QUESTION # 42
As a general rule, what are individual contributors most likely to ask about their compensation?
- A. How the company makes pay decisions that affect them
- B. How their pay compares to co-workers
- C. What the take-home pay will be
- D. How the company sets compensation budgets
Answer: A
NEW QUESTION # 43
What statement is most accurate regarding compensation communications with employees at varying levels?
- A. They should be kept to a minimum for employees at all levels to maximize efficiency and efforts can be focused only on those who have questions.
- B. They usually require more detail for senior employees regarding plan details and performance and the needs from one employee group to another can vary greatly.
- C. They generally require a greater degree of detail for lower level employees who have less of an understanding of pay plan design.
- D. They tend to be fairly consistent because the elements of pay may differ, but the concerns are universal.
Answer: B
NEW QUESTION # 44
What do working capital metrics evaluate?
- A. The amount of cash needed to meet the company's short-term obligations
- B. A company's efficiency in converting short-term capital into cash
- C. A company's mean capital expenditure per employee
- D. The change in working capital over a specific period of time, typically one year
Answer: B
NEW QUESTION # 45
Regarding cost analysis of compensation expense, which job is most likely to incur fixed costs for the company?
- A. Production worker
- B. HR Director
- C. IT contractor
- D. Account executive
Answer: B
NEW QUESTION # 46
Which employees are covered by the National Labor Relations Act?
- A. Employee who work for companies that sell goods in various states
- B. City, state and federal government employees
- C. Airline and railroad employees
Answer: A
NEW QUESTION # 47
Who are you most likely to hear from if there are questions about an employee's compensation?
- A. The employee's manager
- B. A concerned co-worker
- C. The employee
- D. The employee's department head
Answer: A
NEW QUESTION # 48
Which of the following documents is a requirement of the FLSA for all nonexempt employees?
- A. Records on hours worked and wages paid
- B. Copies of employee W-2s
- C. Discharge notices stating reason for discharge
- D. Copies of pay stubs
Answer: A
NEW QUESTION # 49
Which of the following acts redefines guidelines for disparate impact cases?
- A. Age Discrimination in Employment Act
- B. Americans with Disabilities Act
- C. Civil Rights Act of 1991
- D. Vocational Rehabilitation Act
Answer: C
NEW QUESTION # 50
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Passing the WorldatWork C1 Certification Exam is a significant achievement for professionals in the compensation field. It demonstrates a strong understanding of the legal and regulatory environment that governs compensation programs, and it can help individuals advance their careers within their organizations. Regulatory Environments for Compensation Programs certification is also recognized by many employers and can be a valuable asset in the job market.
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