WorldatWork C1 : Regulatory Environments for Compensation Programs

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WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

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

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

2. The Alpha company ships an order to a customer on March 1st and invoices the customer for the product with the shipment, with payment terms of net 30 days. The customer's payment is received on April 5th. The payment clears the bank and shows on Alpha's account on April 8th. If Alpha is using accrual accounting, when does it record the revenue for this sale?

A) April 8th
B) April 5th
C) March 31st
D) March 1st

3. The concept of bona fide occupational qualifications has most direct relevance to which of the following components of employee compensation programs?

A) Job specifications
B) Performance evaluations
C) Job descriptions
D) Salary surveys

4. Which of the following is an example of a reasonable accommodation?

A) Creating a separate area for the disabled employee to work
B) Creating a new position in the company
C) Providing a pre-employment medical exam
D) Job restructuring

5. How does the Fair Labor Standards Act require employers to pay their nonexempt employees?

A) Time and a half for all hours worked over 8 in the workday
B) Double time for work on Saturday
C) Time and a half for all hours worked over 40 in the workweek
D) Double time for time worked on Sunday

Solutions: