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WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. A medical benefits plan provision ensuring that the correct plan is paying expenses when the member is covered under more than one plan is known as what?

A) Out-of-pocket expenses
B) Deductible
C) Coordination of benefits
D) Coinsurance

2. Who enforces Title VII of the Civil Rights Act of 1964?

A) The National Civil Rights Commission
B) The Office of Federal Contract Compliance
C) The Equal Employment Opportunity Commission
D) The Wage and Hour Division of the Department of Labor

3. What is the most accurate statement regarding forecasting?

A) It is done primarily by evaluating market conditions and economic indicators.
B) It is a precise estimate of what the future holds for the organization.
C) It is done primarily by using historical revenue and expense data.
D) It uses internal and external factors to help answer questions about business expectations for the future.

4. Which of the following agencies enforces the FLSA?

A) Equal Employment Opportunity Commission
B) Department of Labor
C) National Labor Relations Board
D) Office of Federal Contract Compliance Programs

5. Which employees are covered by the National Labor Relations Act?

A) Employee who work for companies that sell goods in various states
B) Airline and railroad employees
C) City, state and federal government employees

Solutions: