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WorldatWork C1 Exam Syllabus Topics:

WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

Question 1

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

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

Question 2

Which employees are covered by the National Labor Relations Act?

A. Employee who work for companies that sell goods in various states
B. Airline and railroad employees
C. City, state and federal government employees

Question 3

What information do EEO posters provide to employees?

A. Laws and procedures for filing complaints
B. Employee rights under the H-2A Program
C. Laws and rules for employee polygraph protection
D. Various federal minimum wage rules

Question 4

What best describes the most effective tactic for getting stakeholders' attention and buy-in?

A. Schedule a meeting of all stakeholders and make a strong case that overcomes all of their objections
B. Talk to the individuals they report to in advance and gain their support so the stakeholders realize upper management already supports your position
C. Ask them to review or provide feedback, especially on something you have done for them
D. Explain in precise terms to each stakeholder how your position is the most realistic approach to the issue or concern

Question 5

Regarding medical plans, what is the out-of-pocket maximum?

A. The lifetime limit for benefits to any one employee
B. The maximum the plan will pay if the member is covered by another insurance plan
C. The limit the member will be required to pay at each doctor visit
D. The most that the member will be liable for in relation to co-insurance

Solutions: