WorldatWork C8 - Business Acumen for Compensation Professionals Exam
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Total 78 questions
Question #6 (Topic: Topic 1)
What best describes a key competency of compensation professionals regarding HR management of the organizationג€™s employees?
A. Ensuring they are appropriately selected, developed, appraised and rewarded
B. Monitoring individual employee career paths and succession planning
C. Communicating regularly with line management on performance management
D. Ensuring that all regulatory and voluntary payroll deductions are properly administered
Answer: A
Question #7 (Topic: Topic 1)
Using efficient and cost-effective approaches to integrate technology into the workplace is an example of what key competency for compensation professionals?
A. Financial Management
B. HR Management
C. Resource Management
D. Policy Management
Answer: C
Question #8 (Topic: Topic 1)
What best describes the most effective approach for facilitating fact-based decisions?
A. Ensuring support from all internal and external stakeholders
B. Estimating results based on historical data
C. Using statistical methods to predict outcomes
D. Determining, sourcing and collecting appropriate data
Answer: D
Question #9 (Topic: Topic 1)
Using efficient and cost-effective approaches to integrate technology into the workplace is most likely to do what?
A. Reduce compensation expense
B. Improve program efficacy
C. Select the best vendors
D. Compensate employees competitively
Answer: B
Question #10 (Topic: Topic 1)
Regarding key competencies for financial management, HR management and resource management, what sets top performers apart?
A. The level of formal education in each area
B. The ability to prioritize which is most critical in any given situation and allocate time and resources accordingly
C. The ability to tie them together, distill key messages and make impactful decisions
D. Effective interpersonal and communication skills that can overshadow minor deficiencies in any one area
Answer: C
