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WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. Which of the following acts is focused on employers with construction contracts with the government?

A) McNamara-O'Hara Act
B) National Labor Relations Act
C) Davis-Bacon Act
D) Sherman Antitrust Act

2. What is the top line or starting point of an organization's income?

A) Revenue
B) Gross profit
C) Net income
D) Operating profit

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

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

4. Under the Equal Pay Act, which is an acceptable defense to justify differences between the rates of pay for men and women assigned to the same job?

A) The women are all graduates of the most prestigious schools, and graduates from those schools command higher salaries.
B) The differential is due to the fact that the men have more seniority with the employer.
C) All of the women have some professional certification or registration, whereas none of the men have comparable credentials.
D) The male employees have substantially more education than the female employees.

5. Which employees are covered by the National Labor Relations Act?

A) Employee who work for companies that sell goods in various states
B) City, state and federal government employees
C) Airline and railroad employees

Solutions: