Verified C1 dumps Q&As 100% Pass in First Attempt Guaranteed Updated Dump from Real4exams [Q47-Q71]

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Verified C1 dumps Q&As 100% Pass in First Attempt Guaranteed Updated Dump from Real4exams

Pass WorldatWork Other Certification C1 Exam With 92 Questions

The C1 Exam is a prerequisite for the CCP program, which means that candidates must pass the exam before they can proceed with the other courses in the program. C1 exam is offered online, and candidates have four hours to complete it. The passing score for the exam is 70%, and candidates can take the exam up to three times within a 12-month period.

NEW QUESTION 47
Regarding fixed and variable costs, what are Finance’s primary concerns?

Fixed costs must be kept to a minimum, but variable costs can fluctuate since they tend to correlate with revenue.

Variable costs often have a heavier focus than fixed costs, which applies to all areas, including compensation.

Fixed costs and variable costs are equally important and both should be kept to a minimum.

Fixed costs are not a concern because they cannot be changed, so the focus is primarily on variable costs.

NEW QUESTION 48
What best describes what forecasting helps the organization to do?

Recognize possible issues and concerns that will drive budget planning

Prepare quarterly and annual reports and their associated statements

Withhold payroll taxes for all elements of compensation

Anticipate future capital needs by determining when the organization will enter the next phase of the business lifecycle

NEW QUESTION 49
Which type of base pay is typically based on an individual employee’s rate of production?

Hourly rate

Salary

Piece rate

Production rate

NEW QUESTION 50
Which of the following benefits are usually offered at the discretion of the employer?

Retirement plans

Unemployment insurance

Social security programs

Disability (occupational)

NEW QUESTION 51
Which of the following best describes severance allowances?

A portion of one’s salary paid during reserve duty and military leave

A practice of paying a lump sum to employees during a company shutdown

A continuation of an employee’s salary after termination

A continuation of a portion of an employee’s salary to a beneficiary after the death of an employee

NEW QUESTION 52
If a company has a higher percentage of employees with fixed compensation than variable compensation, what happens as revenues increase?

Compensation costs eventually stabilize and become a consistent percent of revenue.

Compensation costs and revenue increase at approximately the same rate.

Compensation costs eventually decrease as a percent of revenue, increasing profit growth.

Compensation costs remain the same as a percent of revenue until variable compensation costs exceed fixed compensation costs.

NEW QUESTION 53
Step-rate increase programs provide employees the opportunity to receive two regular pay increases at which points?

At established dates and then every six months thereafter

On January 1 and July 1 of each year

Once when they move a step, and again when the step value changes

At the anniversary date and at the annual merit increase date

NEW QUESTION 54
Which employees are covered by the National Labor Relations Act?

City, state and federal government employees

Airline and railroad employees

Employee who work for companies that sell goods in various states

NEW QUESTION 55
Which of the following acts redefines guidelines for disparate impact cases?

Americans with Disabilities Act

Vocational Rehabilitation Act

Civil Rights Act of 1991

Age Discrimination in Employment Act

NEW QUESTION 56
Which of the following acts is focused on employers with service contracts with the government?

Davis-Bacon Act

Sherman Antitrust Act

McNamara-O’Hara Act

National Labor Relations Act

NEW QUESTION 57
Until what age does the FLSA limit the number of hours of nonhazardous work? (…as long as the overtime pay provisions are met)

14 years of age

15 years of age

16 years of age

18 years of age

NEW QUESTION 58
Upon which criterion are step increases typically based?

Market adjustment

Longevity

Individual performance

Skills

NEW QUESTION 59
What do working capital metrics evaluate?

The change in working capital over a specific period of time, typically one year

A company’s efficiency in converting short-term capital into cash

A company’s mean capital expenditure per employee

The amount of cash needed to meet the company’s short-term obligations

NEW QUESTION 60
As a general rule, what are individual contributors most likely to ask about their compensation?

What the take-home pay will be

How their pay compares to co-workers

How the company sets compensation budgets

How the company makes pay decisions that affect them

NEW QUESTION 61
Which of the following best describes present value?

The current value of holdings

The current value of holdings and how much it will grow over time at a given rate of return

The desired value in the future and what needs to be invested today to realize that amount

The difference between the desired value in the future and the current value as a percentage of the desired value

NEW QUESTION 62
Which of the following is the best example of applying business acumen to data analysis?

Compiling data needed to calculate salary budgets and merit increases

Identifying trends and key messages emerging over time

Reviewing historical trends to complete annual budgets

Providing quarterly incentive estimates for accruals

NEW QUESTION 63
What best describes the primary purpose of budgeting?

Limiting spending to a fixed percentage of organizational revenue

Making choices about spending based on expectations of performance

Increasing profitability of the business annually to maximize shareholder/owner value

Complying with local legislation and maintaining accurate records to prepare financial reports and tax documents

NEW QUESTION 64
Which of the following statements best describes defined contribution (DC) plans?

They require complex actuarial calculations and assumptions.

The benefit is based on a formula that considers pay and service.

They generally provide better benefits to employees with longer service.

The employee assumes the risk for the investments.

NEW QUESTION 65
When trying to achieve compromise and collaboration to achieve your goals, on which stakeholder(s) should you focus most of your efforts?

The most senior leader with the highest level of authority

No one person. Identify your stakeholders and work to achieve consensus among the majority.

Influencers and decision-makers who have the respect of employees and are both proponents and opponents of your objectives

Individuals with power in the organization who have the authority to overrule the concerns of opponents

NEW QUESTION 66
What type of pay increase is given when an organization finds that its compensation program is behind competitive market rates?

General

Cost of living

Automatic

Merit

NEW QUESTION 67
What statement is most accurate regarding compensation communications with employees at varying levels?

They tend to be fairly consistent because the elements of pay may differ, but the concerns are universal.

They generally require a greater degree of detail for lower level employees who have less of an understanding of pay plan design.

They usually require more detail for senior employees regarding plan details and performance and the needs from one employee group to another can vary greatly.

They should be kept to a minimum for employees at all levels to maximize efficiency and efforts can be focused only on those who have questions.

NEW QUESTION 68
Which of the following combines traditionally segregated time off and leave programs into one policy covering a single block of time?

Personal leave

Sabbatical

Severance allowances

Paid time off (PTO) bank

NEW QUESTION 69
Which of the following would most likely be considered a “repeated” violation of the FLSA?

An employer who should have inquired further into whether its conduct was in compliance with the act and failed to do so.

An employer that had a prior finding by the Labor Department, court or another tribunal with the authority to make such a finding

An employer knowing its conduct was prohibited under the act or showing reckless disregard for the requirements of the act

When the Labor Department has advised an employer that its actions were unlawful

NEW QUESTION 70
What type of equity incentive gives employees the right to purchase company shares at a specified price?

Stock/share options

Stock/share grants

Restricted stock/shares

Performance units

NEW QUESTION 71
Which of the following agencies enforces the FLSA?

National Labor Relations Board

Equal Employment Opportunity Commission

Office of Federal Contract Compliance Programs

Department of Labor

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Verified C1 dumps Q&As 100% Pass in First Attempt Guaranteed Updated Dump from Real4exams [Q47-Q71]

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