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C1 Exam Dumps - WorldatWork Certification Questions and Answers

Question # 4

Internal process metrics are most useful in which of the following situations?

Options:

A.

Assessing how well the business is running

B.

Determining employee satisfaction levels

C.

Measuring the financial success of the business

D.

Evaluating customer perceptions of products or services

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Question # 5

What is one reason that it is important to perform a periodic audit of processes and results?

Options:

A.

It is required by the Department of Labor

B.

It is required in determining increase budgets

C.

It determines what information and data sources will be used in the audit

D.

It builds in a process of continuous improvement

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Question # 6

Which of the following statements regarding the Worker Economic Opportunity Act is most accurate?

Options:

A.

Employers must include stock profits in overtime calculations.

B.

Employees must hold options for at least 3 months.

C.

Employees are not required to participate

D.

Stock options may be granted at a 20% discount

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Question # 7

When trying to achieve compromise and collaboration to achieve your goals, on which stakeholder(s) should you focus most of your efforts?

Options:

A.

The most senior leader with the highest level of authority

B.

No one person. Identify your stakeholders and work to achieve consensus among the majority.

C.

Influencers and decision-makers who have the respect of employees and are both proponents and opponents of your objectives

D.

Individuals with power in the organization who have the authority to overrule the concerns of opponents

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Question # 8

Which of the following statements best describes defined contribution (DC) plans?

Options:

A.

They require complex actuarial calculations and assumptions.

B.

The benefit is based on a formula that considers pay and service.

C.

They generally provide better benefits to employees with longer service.

D.

The employee assumes the risk for the investments.   

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Question # 9

The Alpha company ships an order to a customer on March 1st and invoices the customer for the product with the shipment, with payment terms of net 30 days. The customer’s payment is received on April 5th. The payment clears the bank and shows on Alpha’s account on April 8th. If Alpha is using accrual accounting, when does it record the revenue for this sale?

Options:

A.

March 1st

B.

March 31st

C.

April 5th

D.

April 8th

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Question # 10

Under the Equal Pay Act, which is an acceptable defense to justify differences between the rates of pay for men and women assigned to the same job?

Options:

A.

The male employees have substantially more education than the female employees.

B.

All of the women have some professional certification or registration, whereas none of the men have comparable credentials.

C.

The differential is due to the fact that the men have more seniority with the employer.

D.

The women are all graduates of the most prestigious schools, and graduates from those schools command higher salaries.

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Question # 11

Which of the following is the earnings available to equity owners after paying debt and taxes?

Options:

A.

EBIT

B.

EPS

C.

Net income

D.

Operating profit

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Question # 12

What are usual, customary and reasonable charges (UCR)?

Options:

A.

The charges that an insurance carrier determines are normal for a particular medical procedure within a specific geographical area

B.

The charges that are published annually in the Global Insurers' Medical Cost Comparison Guide

C.

The charges that are allowable for any given medical procedure with no pre-treatment authorization

D.

The charges that are typically paid up front by a plan participant for services rendered.   

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Question # 13

Who enforces Title VII of the Civil Rights Act of 1964?

Options:

A.

The Equal Employment Opportunity Commission

B.

The Wage and Hour Division of the Department of Labor

C.

The National Civil Rights Commission

D.

The Office of Federal Contract Compliance

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Exam Code: C1
Exam Name: Regulatory Environments for Compensation Programs
Last Update: Feb 23, 2025
Questions: 0
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