WorldatWork C1 Actual Free Exam Questions & Community Discussion

Exam Code/Number: C1
Exam Name/Title: Regulatory Environments for Compensation Programs
Certification Provider: WorldatWork
Corresponding Certification: WorldatWork Other Certification

Exam Questions: 92
Updated On: May 31, 2026

Question #1

Which of the following agencies enforces the FLSA?

A. Department of Labor

B. Office of Federal Contract Compliance Programs

C. Equal Employment Opportunity Commission

D. National Labor Relations Board

Discussion 0

Correct Answer: A Vote an answer

Question #2

What best describes a use of strategic analysis?

A. Pricing your products appropriately

B. Evaluating prior year performance for the narrative portion of annual financial reports

C. Understanding your business and its competitive strengths and weaknesses

D. Forecasting profit, growth and investment performance to develop realistic budgets

Discussion 0

Correct Answer: C Vote an answer

Question #3

Which government agency enforces the Sherman Antitrust Acton issues related to the workforce?

A. Department of Labor

B. Office of Federal Contract Compliance Programs

C. Equal Employment Opportunity Commission

D. National Labor Relations Board

Discussion 0

Correct Answer: A Vote an answer

Question #4

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

A. National Labor Relations Act

B. Davis-Bacon Act

C. Sherman Antitrust Act

D. McNamara-O'Hara Act

Discussion 0

Correct Answer: B Vote an answer

Question #5

The XYZ Company opened a new manufacturing facility with a capital investment of 10,000,000. The cost to obtain the capital was 8%. In its first year of operations, the facility's net operating profit after taxes was
10,500,000. What was the economic value added (EVA) using the EVA formula?

A. 8,000,000

B. 9,700,000

C. 840,000

D. 500,000

Discussion 0

Correct Answer: B Vote an answer

Question #6

How are the compensation communication needs of managers different from those of individual employees?

A. They aren't. Managers are concerned about their compensation also.

B. They are also responsible for merit increases, incentives and hiring so they have greater information needs.

C. They have more duties and responsibilities and are less likely to have the time to discuss compensation issues.

D. They tend to have more influence, so it is important to resolve any concerns they have quickly and efficiently.

Discussion 0

Correct Answer: B Vote an answer

Question #7

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 overall program objectives

C. In the details of their individual compensation packages

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

Discussion 0

Correct Answer: B Vote an answer

Question #8

Which of the following best describes a form of base pay that is a fixed weekly, biweekly or monthly payment?

A. Bonuses

B. Salary

C. Piece rate

D. Hourly rate

Discussion 0

Correct Answer: B Vote an answer

Question #9

What are usual, customary and reasonable charges (UCR)?

A. The charges that are allowable for any given medical procedure with no pre-treatment authorization

B. The charges that are published annually in the Global Insurers' Medical Cost Comparison Guide

C. The charges that are typically paid up front by a plan participant for services rendered.

D. The charges that an insurance carrier determines are normal for a particular medical procedure within a specific geographical area

Discussion 0

Correct Answer: D Vote an answer

Question #10

Which of the following is a type of variable pay?

A. Salary

B. Commissions

C. Piece rate

D. Hourly rate

Discussion 0

Correct Answer: B Vote an answer

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