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WorldatWork C1 Exam Syllabus Topics:

WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. Which of the following would most likely be considered a "repeated" violation of the FLSA?

A) When the Labor Department has advised an employer that its actions were unlawful
B) An employer that had a prior finding by the Labor Department, court or another tribunal with the authority to make such a finding
C) An employer knowing its conduct was prohibited under the act or showing reckless disregard for the requirements of the act
D) An employer who should have inquired further into whether its conduct was in compliance with the act and failed to do so.

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

A) EBIT
B) EPS
C) Net income
D) Operating profit

3. Which of the following statements best describes defined benefit (DB) plans?

A) They are often integrated with government-sponsored programs.
B) There is no promise of a specific benefit at retirement.
C) Employees are at risk for financial resources.
D) Individual accounts must be maintained for each participant.

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

A) Explain in precise terms to each stakeholder how your position is the most realistic approach to the issue or concern
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) Schedule a meeting of all stakeholders and make a strong case that overcomes all of their objections
D) Ask them to review or provide feedback, especially on something you have done for them

5. Regarding fixed and variable costs, what tends to happen as revenue increases?

A) Fixed costs decrease
B) Fixed costs remain the same and consume a lower percent of revenue
C) Variable costs decrease
D) Variable costs increase and consume a higher percent of revenue

Solutions: