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WorldatWork C8 Dumps

Exam Code:
C8
Exam Name:
Business Acumen for Compensation Professional
Last Update: Mar 22, 2024
78 Questions
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Business Acumen for Compensation Professional Practice Questions

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Business Acumen for Compensation Professional Questions and Answers

Questions 1

If employees have a significant impact on the bottom line, what type of pay mix is most appropriate?

Options:

A.

A varying mix depending on employee influence on goals to provide the necessary incentive to maximize profits

B.

100% variable pay to motivate all employees to maximize productivity and sales

C.

90/10 for the majority of employees (base/variable) to share in the company’s success with increased variable pay for management/executives to motivate employees to seek higher positions

D.

High base pay and low variable pay to ensure predictability of total compensation expense

Questions 2

“Cost-benefit thinking” is most useful in the context of financial management for purposes of what?

Options:

A.

Procurement

B.

Recruiting

C.

Setting priorities

D.

Plan administration

Questions 3

Regarding presentations to executives, which of the following is most accurate?

Options:

A.

Keep them brief

B.

Use multiple media

C.

Include all details related to the issue

D.

Leave backup data out of the presentation so there is time to develop an effective response to unexpected questions