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WorldatWork C1 Exam Syllabus Topics:

WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

Question 1

What best describes a use of strategic analysis?

A. Evaluating prior year performance for the narrative portion of annual financial reports
B. Pricing your products appropriately
C. Forecasting profit, growth and investment performance to develop realistic budgets
D. Understanding your business and its competitive strengths and weaknesses

Question 2

Which of the following is the earnings available to equity owners after paying debt and taxes?

A. EBIT
B. Operating profit
C. Net income
D. EPS

Question 3

What is the term for the skills, technologies, applications and practices of continuous iterative exploration and investigation of past business performance used to gain insight and drive business planning?

A. Business forecasting
B. Business analytics
C. Predictive modeling
D. Statistical analysis

Question 4

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

Question 5

Which of the following is appropriate when an employee is required by the employer to attend training as a condition of employment?

A. Appropriate study time does not count as hours worked regardless of the educational level of the training program.
B. Even when the training is required, as long as the classes are outside working time and not on company property, they are not hours worked.
C. No training time is considered hours worked even if it is a condition of employment, since the employee is free to leave the company.
D. Only educational programs focused on remedial education (up to eighth grade) can be excluded from the 40-hr criteria for time and a half.

Solutions: