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WorldatWork C1 Exam Syllabus Topics:

WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

Question 1

What is a primary objective of profit-sharing and performance-sharing variable pay plans?

A. To increase employee identification with the organization's success
B. To reward individual employees for some significant contribution
C. To defer compensation expenses to future reporting periods
D. To achieve organizational cost savings through base pay reductions

Question 2

Gross margin is which of the following, as percent of revenue?

A. Revenue minus cost of goods sold
B. Cost of goods sold
C. Gross profit minus expenses
D. Expenses plus taxes and depreciation

Question 3

What was the Bennett Amendment intended to do?

A. Eliminate the potential conflict between Title VII and EPA
B. Make the regulations covered under Title VII of the Civil Rights Act of 1964 more strict
C. Make it easier to enforce the Equal Pay Act
D. Prohibit gender-based discrimination

Question 4

Which one of the following should be included in a compensation guide for managers?

A. The consequences of various disciplinary measures
B. Information on common management processes
C. Individual salary rates of employees in their department

Question 5

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

A. Employees are not required to participate
B. Employees must hold options for at least 3 months.
C. Stock options may be granted at a 20% discount
D. Employers must include stock profits in overtime calculations.

Solutions: