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WorldatWork C1 Exam Syllabus Topics:

WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. When connecting with other business units, what best describes a reason why is it important to keep up to date on organizational challenges?

A) Because stakeholders with diverse opinions tend to compromise when they are aware that others know their weaknesses
B) Because you will be more informed when differences of opinion occur, lending more credibility to your position
C) Because you can demonstrate your understanding of issues from multiple perspectives
D) Because you will be able to explain the negative consequences of opposing your position

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

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

3. The XYZ Company opened a new manufacturing facility with a capital investment of 10,000,000. The cost to obtain the capital was 8%. In its first year of operations, the facility's net operating profit after taxes was
10,500,000. What was the economic value added (EVA) using the EVA formula?

A) 9,700,000
B) 500,000
C) 8,000,000
D) 840,000

4. Which type of base pay is typically based on an individual employee's rate of production?

A) Hourly rate
B) Salary
C) Piece rate
D) Production rate

5. Which of the following statements regarding the Worker Economic Opportunity Act is most accurate?

A) Stock options may be granted at a 20% discount
B) Employees must hold options for at least 3 months.
C) Employees are not required to participate
D) Employers must include stock profits in overtime calculations.

Solutions: