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Test C1 Book - C1 Preparation Store
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If you are looking to advance your career in the field of compensation and benefits management, then the WorldatWork C1 Certification Exam is an excellent place to start. With this certification, you can demonstrate your knowledge and skills in dealing with regulatory environments for compensation programs, which will help you stand out from the crowd and achieve your career goals.
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WorldatWork Regulatory Environments for Compensation Programs Sample Questions (Q37-Q42):
NEW QUESTION # 37
Which of the following best describes present value?
- A. The desired value in the future and what needs to be invested today to realize that amount
- B. The difference between the desired value in the future and the current value as a percentage of the desired value
- C. The current value of holdings
- D. The current value of holdings and how much it will grow over time at a given rate of return
Answer: A
NEW QUESTION # 38
When would an employee most likely receive a differential in addition to the regular hourly rate?
- A. When working less time than his or her normal schedule
- B. When working a holiday or weekend
- C. When working in more than one department
- D. When working in locations other than the corporate office
Answer: B
NEW QUESTION # 39
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 receives a lower wage than a co-worker of the opposite sex.
- B. He or she is paid less than employees who are not members of the same protected group.
- C. The employer maintains a wage disparity between employees who do unequal, but comparable work.
Answer: B
NEW QUESTION # 40
Which of the following statements best describes defined contribution (DC) plans?
- A. The benefit is based on a formula that considers pay and service.
- B. The employee assumes the risk for the investments.
- C. They require complex actuarial calculations and assumptions.
- D. They generally provide better benefits to employees with longer service.
Answer: B
NEW QUESTION # 41
Which of the following statements regarding the Worker Economic Opportunity Act is most accurate?
- A. Employees must hold options for at least 3 months.
- B. Employees are not required to participate
- C. Stock options may be granted at a 20% discount
- D. Employers must include stock profits in overtime calculations.
Answer: B
NEW QUESTION # 42
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