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WorldatWork Regulatory Environments for Compensation Programs Sample Questions:
1. What is the term for the skills, technologies, applications and practices of continuous iterative exploration and investigation of past business performance used to gain insight and drive business planning?
A) Business analytics
B) Business forecasting
C) Statistical analysis
D) Predictive modeling
2. When trying to achieve compromise and collaboration to achieve your goals, on which stakeholder(s) should you focus most of your efforts?
A) No one person. Identify your stakeholders and work to achieve consensus among the majority.
B) The most senior leader with the highest level of authority
C) Influencers and decision-makers who have the respect of employees and are both proponents and opponents of your objectives
D) Individuals with power in the organization who have the authority to overrule the concerns of opponents
3. Internal process metrics are most useful in which of the following situations?
A) Measuring the financial success of the business
B) Evaluating customer perceptions of products or services
C) Assessing how well the business is running
D) Determining employee satisfaction levels
4. What is the top line or starting point of an organization's income?
A) Gross profit
B) Revenue
C) Net income
D) Operating profit
5. Which of the following is typically considered a health care benefit?
A) Defined benefit plan
B) Vision plan
C) Death benefits
D) Defined contribution plan
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: B |








