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WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. Which of the following best describes severance allowances?

A) A practice of paying a lump sum to employees during a company shutdown
B) A continuation of a portion of an employee's salary to a beneficiary after the death of an employee
C) A continuation of an employee's salary after termination
D) A portion of one's salary paid during reserve duty and military leave

2. Internal process metrics are most useful in which of the following situations?

A) Determining employee satisfaction levels
B) Evaluating customer perceptions of products or services
C) Measuring the financial success of the business
D) Assessing how well the business is running

3. What is the most accurate statement regarding forecasting?

A) It is done primarily by evaluating market conditions and economic indicators.
B) It is a precise estimate of what the future holds for the organization.
C) It uses internal and external factors to help answer questions about business expectations for the future.
D) It is done primarily by using historical revenue and expense data.

4. Until what age does the FLSA limit the number of hours of nonhazardous work? (...as long as the overtime pay provisions are met)

A) 15 years of age
B) 18 years of age
C) 14 years of age
D) 16 years of age

5. Which of the following acts redefines guidelines for disparate impact cases?

A) Americans with Disabilities Act
B) Vocational Rehabilitation Act
C) Civil Rights Act of 1991
D) Age Discrimination in Employment Act

Solutions: