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[General] WorldatWork C1 Examcollection: Regulatory Environments for Compensation Programs

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【General】 WorldatWork C1 Examcollection: Regulatory Environments for Compensation Programs

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WorldatWork Regulatory Environments for Compensation Programs Sample Questions (Q63-Q68):NEW QUESTION # 63
Which of the following acts is focused on employers with construction contracts with the government?
  • A. Davis-Bacon Act
  • B. Sherman Antitrust Act
  • C. McNamara-O'Hara Act
  • D. National Labor Relations Act
Answer: A

NEW QUESTION # 64
Why are lump-sum increases generally used?
  • A. To reward employees under short-term incentive plans
  • B. To elevate employees who are below the midpoint in the range
  • C. To make up for benefits not provided by the organization
  • D. To control annual fixed costs from base pay adjustments
Answer: D

NEW QUESTION # 65
What happens to the marginal cost if revenue accelerates slower than variable costs but fixed costs remain the same?
  • A. It becomes increasingly higher as revenues increase.
  • B. It decreases because variable costs are increasing.
  • C. It remains the same.
  • D. It increases at the same rate as variable costs.
Answer: A

NEW QUESTION # 66
Which of the following is a type of variable pay?
  • A. Hourly pay
  • B. Pay for time not worked
  • C. Bonuses
  • D. Piece rate
Answer: C

NEW QUESTION # 67
The Alpha company ships an order to a customer on March 1st and invoices the customer for the product with the shipment, with payment terms of net 30 days. The customer's payment is received on April 5th. The payment clears the bank and shows on Alpha's account on April 8th. If Alpha is using accrual accounting, when does it record the revenue for this sale?
  • A. April 8th
  • B. April 5th
  • C. March 1st
  • D. March 31st
Answer: C

NEW QUESTION # 68
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