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WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. On what basis does the Equal Pay Act of 1963 prohibit an employer from discriminating in employee compensation programs?

A) Race
B) Sex
C) Age
D) Religion

2. What is the top line or starting point of an organization's income?

A) Operating profit
B) Gross profit
C) Revenue
D) Net income

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 of the following documents is a requirement of the FLSA for all nonexempt employees?

A) Copies of employee W-2s
B) Discharge notices stating reason for discharge
C) Records on hours worked and wages paid
D) Copies of pay stubs

Solutions: