WorldatWork WorldatWork Other Certification C1

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WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. Regarding presentations to executives, which of the following is most accurate?

A) Use multiple media
B) Keep them brief
C) Include all details related to the issue
D) Leave backup data out of the presentation so there is time to develop an effective response to unexpected questions

2. Which of the following scenarios best describes a contract worker?

A) An accounts payable specialist who works at the company site utilizing an internal A/P system and pays vendors according to company procedures.
B) A technician who works a scheduled shift and performs tasks as assigned according to specifications.
C) A computer programmer who telecommutes, uses her own equipment and works for multiple employers

3. What best describes the primary purpose of budgeting?

A) Limiting spending to a fixed percentage of organizational revenue
B) Making choices about spending based on expectations of performance
C) Increasing profitability of the business annually to maximize shareholder/owner value
D) Complying with local legislation and maintaining accurate records to prepare financial reports and tax documents

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

A) No one person. Identify your stakeholders and work to achieve consensus among the majority.
B) The most senior leader with the highest level of authority
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

5. The "return" represented by the Total Shareholder Return (TSR) metric is the increase in what?

A) Earnings
B) Shares
C) Increased market value and reinvested dividends paid
D) Market capitalization

Solutions: