WorldatWork Regulatory Environments for Compensation Programs : C1

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WorldatWork C1 Exam Syllabus Topics:

WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. What best describes a use of strategic analysis?

A) Understanding your business and its competitive strengths and weaknesses
B) Pricing your products appropriately
C) Forecasting profit, growth and investment performance to develop realistic budgets
D) Evaluating prior year performance for the narrative portion of annual financial reports

2. Which of the following acts is focused on employers with service contracts with the government?

A) McNamara-O'Hara Act
B) Davis-Bacon Act
C) Sherman Antitrust Act
D) National Labor Relations Act

3. Which statement is most accurate regarding the effect of taxation on the benefits that employers offer?

A) Taxation has no effect on employee benefits; employers offer benefits for competitive reasons only.
B) Taxation affects the level of benefits offered, the source of benefits and the employer/employee cost- sharing basis.
C) Taxation is the primary reason that employers offer benefits; in the absence of tax incentives, employers would be unlikely to offer them.

4. How does the Fair Labor Standards Act require employers to pay their nonexempt employees?

A) Time and a half for all hours worked over 8 in the workday
B) Double time for work on Saturday
C) Time and a half for all hours worked over 40 in the workweek
D) Double time for time worked on Sunday

5. What was the Bennett Amendment intended to do?

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

Solutions: