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WorldatWork C1 Exam is ideal for compensation and benefits professionals, HR managers, and executives who want to stay up-to-date with the latest information and best practices in the field. It is also relevant for individuals who are responsible for designing and implementing compensation programs that comply with federal and state laws. WorldatWork Regulatory Environments for Compensation Programs Sample Questions (Q45-Q50):NEW QUESTION # 45
What best describes the primary purpose of budgeting?
A. Limiting spending to a fixed percentage of organizational revenue
B. Increasing profitability of the business annually to maximize shareholder/owner value
C. Complying with local legislation and maintaining accurate records to prepare financial reports and tax documents
D. Making choices about spending based on expectations of performance
Answer: D
NEW QUESTION # 46
When would an employee most likely receive a differential in addition to the regular hourly rate?
A. When working in locations other than the corporate office
B. When working less time than his or her normal schedule
C. When working a holiday or weekend
D. When working in more than one department
Answer: C
NEW QUESTION # 47
Regarding cost analysis of compensation expense, which job is most likely to incur fixed costs for the company?
A. Production worker
B. Account executive
C. IT contractor
D. HR Director
Answer: D
NEW QUESTION # 48
Which of the following best describes severance allowances?
A. A practice of paying a lump sum to employees during a company shutdown
B. A portion of one's salary paid during reserve duty and military leave
C. A continuation of a portion of an employee's salary to a beneficiary after the death of an employee
D. A continuation of an employee's salary after termination
Answer: D
NEW QUESTION # 49
The concept of bona fide occupational qualifications has most direct relevance to which of the following components of employee compensation programs?
A. Job specifications
B. Job descriptions
C. Performance evaluations
D. Salary surveys
Answer: A
NEW QUESTION # 50
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