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Worldatwork c8 Exam Dumps

Certification Exams

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Number Of Questions: 78

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Exam Details

Exam Name:

Business Acumen for Compensation Professional

Exam Code:

C8

Total Questions in Exam:

78

Demo Questions

Q1. What best describes the primary purpose of budgeting?

A.Limiting spending to a fixed percentage of organizational revenue

B. Making choices about spending based on expectations of performance

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

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

Correct Answer: B

Q2. Regarding cost analysis of compensation expense, which job is most likely to incur fixed costs for the company?

A.Production worker

B. Account executive

C. IT contractor

D. HR Director

Correct Answer: D

Q3. What best describes the primary purpose of budgeting?

A.Limiting spending to a fixed percentage of organizational revenue

B. Making choices about spending based on expectations of performance

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

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

Correct Answer: B

Q4. Regarding compensation communications with executives, where do they tend to need the greatest level of understanding?

A.In the methods and processes used to make pay decisions

B. In the details of their individual compensation packages

C. In the overall program objectives

D. In the differences in pay levels for the different levels of the organization

Correct Answer: C

Q5. What best describes an effective core technique for communicating with executives?

A.Focus on negative issues first, such as compensation costs exceeding budget, to get their attention

B. Provide a wide range of facts and figures. With their high level of responsibility, executives must have all the data before they can make informed decisions.

C. Assume they have little knowledge of the issue and make a detailed presentation leading up to the purpose of the meeting.

D. Recommend a solution that will solve the issue and explain why it is the best solution available.

Correct Answer: D

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