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C1 Exam Dumps - WorldatWork Certification Questions and Answers

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Questions 4

Which of the following statements best describes defined contribution (DC) plans?

Options:

A.

They require complex actuarial calculations and assumptions.

B.

The benefit is based on a formula that considers pay and service.

C.

They generally provide better benefits to employees with longer service.

D.

The employee assumes the risk for the investments.   

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Questions 5

The Alpha company ships an order to a customer on March 1st and invoices the customer for the product with the shipment, with payment terms of net 30 days. The customer’s payment is received on April 5th. The payment clears the bank and shows on Alpha’s account on April 8th. If Alpha is using accrual accounting, when does it record the revenue for this sale?

Options:

A.

March 1st

B.

March 31st

C.

April 5th

D.

April 8th

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Questions 6

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?

Options:

A.

The male employees have substantially more education than the female employees.

B.

All of the women have some professional certification or registration, whereas none of the men have comparable credentials.

C.

The differential is due to the fact that the men have more seniority with the employer.

D.

The women are all graduates of the most prestigious schools, and graduates from those schools command higher salaries.

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Questions 7

Which of the following is the earnings available to equity owners after paying debt and taxes?

Options:

A.

EBIT

B.

EPS

C.

Net income

D.

Operating profit

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Passed Exam Today C1, C1 Leak Questions,
Exam Code: C1
Exam Name: Regulatory Environments for Compensation Programs
Last Update: May 16, 2024
Questions: 0
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