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WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. What do profits, equity and debt all have in common?

A) They are all sources of capital.
B) They are all reported on the balance sheet.
C) Nothing. Each of these is a different financial metric.
D) They all incur the same costs to the business.

2. What is the minimum age for an individual to qualify for protection under the Age Discrimination in Employment Act?

A) 45
B) 50
C) 55
D) 40

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

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

4. What best describes the most effective tactic for getting stakeholders' attention and buy-in?

A) Explain in precise terms to each stakeholder how your position is the most realistic approach to the issue or concern
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) Schedule a meeting of all stakeholders and make a strong case that overcomes all of their objections

5. Regarding presentations to executives, which of the following is most accurate?

A) Leave backup data out of the presentation so there is time to develop an effective response to unexpected questions
B) Keep them brief
C) Use multiple media
D) Include all details related to the issue

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