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WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. Which of the following statements best describes defined benefit (DB) plans?

A) Employees are at risk for financial resources.
B) They are often integrated with government-sponsored programs.
C) Individual accounts must be maintained for each participant.
D) There is no promise of a specific benefit at retirement.

2. What information do EEO posters provide to employees?

A) Laws and procedures for filing complaints
B) Employee rights under the H-2A Program
C) Various federal minimum wage rules
D) Laws and rules for employee polygraph protection

3. 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

4. Which of the following documents is a requirement of the FLSA for all nonexempt employees?

A) Copies of employee W-2s
B) Discharge notices stating reason for discharge
C) Copies of pay stubs
D) Records on hours worked and wages paid

5. How do commissions typically differ from annual incentives for non-executive employees?

A) They are intended to align the interests of the employee with those of the organization.
B) They are based on a predetermined performance and reward schedule.
C) They tend to make up the larger portion of an employee's total compensation.
D) They are offered to motivate employee performance.

Solutions: