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To become certified in regulatory environments for compensation programs, individuals must pass the C1 certification exam. C1 exam covers a wide range of topics, including federal and state laws, regulations related to employee benefits, and other factors that impact the design and implementation of compensation programs. C1 exam is designed to test both knowledge and practical application of this information.
NEW QUESTION # 51
How does the Fair Labor Standards Act require employers to pay their nonexempt employees?
- A. Time and a half for all hours worked over 40 in the workweek
- B. Double time for time worked on Sunday
- C. Double time for work on Saturday
- D. Time and a half for all hours worked over 8 in the workday
Answer: A
NEW QUESTION # 52
Which act does the Office of Federal Contract Compliance Programs (OFCCP) enforce?
- A. Vocational Rehabilitation Act
- B. Age Discrimination in Employment Act
- C. Civil Rights Act of 1991
- D. Americans with Disabilities Act
Answer: A
NEW QUESTION # 53
Which of the following statements regarding the Worker Economic Opportunity Act is most accurate?
- A. Employers must include stock profits in overtime calculations.
- B. Employees are not required to participate
- C. Stock options may be granted at a 20% discount
- D. Employees must hold options for at least 3 months.
Answer: B
NEW QUESTION # 54
To qualify for the executive exemption from the minimum wage and overtime provisions of the FLSA, among other things what must an employee do?
- A. Devote less than 15% of his/her time to nonexempt work
- B. Possess knowledge of an advanced type in business administration
- C. Perform work that is intellectual and varied
- D. Customarily and regularly direct the work of at least two full-time employees
Answer: D
NEW QUESTION # 55
Which of the following are the two primary elements of benefits?
- A. Mental health coverage and health care coverage
- B. Unemployment and disability
- C. Pay for time not worked and income protection programs
- D. Defined contribution and defined benefits plans
Answer: C
NEW QUESTION # 56
What best describes the most effective tactic for getting stakeholders' attention and buy-in?
- A. Schedule a meeting of all stakeholders and make a strong case that overcomes all of their objections
- B. Ask them to review or provide feedback, especially on something you have done for them
- C. Talk to the individuals they report to in advance and gain their support so the stakeholders realize upper management already supports your position
- D. Explain in precise terms to each stakeholder how your position is the most realistic approach to the issue or concern
Answer: B
NEW QUESTION # 57
Which of the following best describes a form of base pay that is a fixed weekly, biweekly or monthly payment?
- A. Piece rate
- B. Bonuses
- C. Salary
- D. Hourly rate
Answer: C
NEW QUESTION # 58
To establish disparate treatment in violation of Title VII of the Civil Rights Act of 1964, an employee must prove that the employer intentionally maintains the pay disparity because the employee is a member of a protected class and which of the following?
- A. He or she is paid less than employees who are not members of the same protected group.
- B. He or she receives a lower wage than a co-worker of the opposite sex.
- C. The employer maintains a wage disparity between employees who do unequal, but comparable work.
Answer: A
NEW QUESTION # 59
What statement is most accurate regarding communication of compensation information?
- A. The ready availability of information online has made it unnecessary for compensation professionals to tailor messages since individuals can research terms and concepts after the fact if they don't understand a communication.
- B. Compensation terms and practices are unclear to most individuals who do not work in this area and communication should be tailored to the least informed member of the target audience.
- C. Compensation professionals should anticipate the level of the audience and tailor messages to their needs.
- D. Compensation terms are well-known and easily understood by most stakeholders.
Answer: C
NEW QUESTION # 60
Until what age does the FLSA limit the number of hours of nonhazardous work? (...as long as the overtime pay provisions are met)
- A. 14 years of age
- B. 18 years of age
- C. 16 years of age
- D. 15 years of age
Answer: C
NEW QUESTION # 61
Regarding compensation communications with executives, where do they tend to need the greatest level of understanding?
- A. In the overall program objectives
- B. In the details of their individual compensation packages
- C. In the differences in pay levels for the different levels of the organization
- D. In the methods and processes used to make pay decisions
Answer: A
NEW QUESTION # 62
Which of the following is typically considered a health care benefit?
- A. Defined benefit plan
- B. Vision plan
- C. Defined contribution plan
- D. Death benefits
Answer: B
NEW QUESTION # 63
Which of the following benefits are usually offered at the discretion of the employer?
- A. Retirement plans
- B. Social security programs
- C. Disability (occupational)
- D. Unemployment insurance
Answer: A
NEW QUESTION # 64
What information do EEO posters provide to employees?
- A. Various federal minimum wage rules
- B. Laws and rules for employee polygraph protection
- C. Laws and procedures for filing complaints
- D. Employee rights under the H-2A Program
Answer: C
NEW QUESTION # 65
Step-rate increase programs provide employees the opportunity to receive two regular pay increases at which points?
- A. At established dates and then every six months thereafter
- B. At the anniversary date and at the annual merit increase date
- C. On January 1 and July 1 of each year
- D. Once when they move a step, and again when the step value changes
Answer: D
NEW QUESTION # 66
Gross margin is which of the following, as percent of revenue?
- A. Revenue minus cost of goods sold
- B. Gross profit minus expenses
- C. Expenses plus taxes and depreciation
- D. Cost of goods sold
Answer: A
NEW QUESTION # 67
Which of the following is a type of variable pay?
- A. Piece rate
- B. Bonuses
- C. Hourly pay
- D. Pay for time not worked
Answer: B
NEW QUESTION # 68
What best describes a use of strategic analysis?
- A. Forecasting profit, growth and investment performance to develop realistic budgets
- B. Pricing your products appropriately
- C. Understanding your business and its competitive strengths and weaknesses
- D. Evaluating prior year performance for the narrative portion of annual financial reports
Answer: C
NEW QUESTION # 69
Regarding fixed and variable costs, what tends to happen as revenue increases?
- A. Variable costs decrease
- B. Variable costs increase and consume a higher percent of revenue
- C. Fixed costs decrease
- D. Fixed costs remain the same and consume a lower percent of revenue
Answer: D
NEW QUESTION # 70
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