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[General] Latest WorldatWork C1 Practice Questions | C1 Valid Test Prep

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【General】 Latest WorldatWork C1 Practice Questions | C1 Valid Test Prep

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WorldatWork Regulatory Environments for Compensation Programs Sample Questions (Q22-Q27):NEW QUESTION # 22
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.
Answer: B

NEW QUESTION # 23
Which of the following statements best describes defined benefit (DB) plans?
  • A. There is no promise of a specific benefit at retirement.
  • B. They are often integrated with government-sponsored programs.
  • C. Individual accounts must be maintained for each participant.
  • D. Employees are at risk for financial resources.
Answer: B

NEW QUESTION # 24
When would an employee most likely receive a differential in addition to the regular hourly rate?
  • A. When working a holiday or weekend
  • B. When working less time than his or her normal schedule
  • C. When working in more than one department
  • D. When working in locations other than the corporate office
Answer: A

NEW QUESTION # 25
What best describes what forecasting helps the organization to do?
  • A. Recognize possible issues and concerns that will drive budget planning
  • B. Prepare quarterly and annual reports and their associated statements
  • C. Anticipate future capital needs by determining when the organization will enter the next phase of the business lifecycle
  • D. Withhold payroll taxes for all elements of compensation
Answer: A

NEW QUESTION # 26
Which one of the following should be included in a compensation guide for managers?
  • A. Individual salary rates of employees in their department
  • B. The consequences of various disciplinary measures
  • C. Information on common management processes
Answer: C

NEW QUESTION # 27
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