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WorldatWork C1 Exam Revision Plan & Dump C1 Torrent

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WorldatWork C1 (Regulatory Environments for Compensation Programs) Exam is a certification exam designed to test professionals’ knowledge of the legal and regulatory environments that affect compensation programs. C1 exam is administered by WorldatWork, a leading professional association for compensation and total rewards professionals. The C1 Exam is one of several exams offered by WorldatWork that lead to various certifications in the field of compensation.

WorldatWork Regulatory Environments for Compensation Programs Sample Questions (Q71-Q76):

NEW QUESTION # 71
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 an insurance carrier determines are normal for a particular medical procedure within a specific geographical area
D. The charges that are typically paid up front by a plan participant for services rendered.

Answer: C

NEW QUESTION # 72
Step-rate increase programs provide employees the opportunity to receive two regular pay increases at which points?

A. Once when they move a step, and again when the step value changes
B. At the anniversary date and at the annual merit increase date
C. On January 1 and July 1 of each year
D. At established dates and then every six months thereafter

Answer: A

NEW QUESTION # 73
Which of the following acts is focused on employers with construction contracts with the government?

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

Answer: B

NEW QUESTION # 74
What type of equity incentive gives employees the right to purchase company shares at a specified price?

A. Stock/share options
B. Stock/share grants
C. Performance units
D. Restricted stock/shares

Answer: A

NEW QUESTION # 75
If a company has a higher percentage of employees with fixed compensation than variable compensation, what happens as revenues increase?

A. Compensation costs eventually stabilize and become a consistent percent of revenue.
B. Compensation costs eventually decrease as a percent of revenue, increasing profit growth.
C. Compensation costs and revenue increase at approximately the same rate.
D. Compensation costs remain the same as a percent of revenue until variable compensation costs exceed fixed compensation costs.

Answer: B

NEW QUESTION # 76
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