WorldatWork C8 - Business Acumen for Compensation Professionals Exam

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Total 78 questions

Administering budgets is an example of what key competency for compensation professionals?

  • A. Financial Management
  • B. HR Management
  • C. Resource Management
  • D. Policy Management


Answer : A

ג€Cost-benefit thinkingג€ is most useful in the context of financial management for purposes of what?

  • A. Procurement
  • B. Recruiting
  • C. Setting priorities
  • D. Plan administration


Answer : C

To ensure appropriate funding levels, the compensation professional must generally do which of the following?

  • A. Possess a high level of education and competency in accounting principles
  • B. Determine which programs are crucial to the enterprise and which programs are expendable
  • C. Partner with multiple departments and external consultants and vendors
  • D. Demonstrate broad understanding of principles of financial management and business expertise


Answer : D

Understanding basic organization design principles is an example of what key competency for compensation professionals?

  • A. Financial Management
  • B. HR Management
  • C. Resource Management
  • D. Policy Management


Answer : B

Assessment of current and future staffing needs should be based primarily on what?

  • A. Compensation budgets only because staffing cannot exceed the funds available
  • B. A combination of organizational goals and budget realities
  • C. The consensus of HR management and line management estimates
  • D. The opinions of senior leaders in the organization


Answer : B

Page:    1 / 16   
Total 78 questions