P | M04 CB Pre-exam

P | M04 CB Pre-exam

Professional Development

20 Qs

quiz-placeholder

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P | M04 CB Pre-exam

P | M04 CB Pre-exam

Assessment

Quiz

Others

Professional Development

Hard

Created by

Ahmed Abd Al-Wareth

Used 9+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

What is the compa-ratio for an employee who earns $15 per hour where the salary range has a midpoint of $12 per hour?

0.03

0.80

1.25

1.35

2.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Beth, a small business owner, wants to ensure external equity when establishing pay rates. Beth should most likely ___________ .

use wage curves to price each pay grade

compare performance appraisals

conduct a salary survey

check online pay sites

3.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

What are the two main categories of financial rewards?

Compensation and work/life balance

Employee benefits and career development

Direct (monetary) and indirect (benefits)

Training and employee benefits

4.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Which of the following is a long-term pay policy that can protect jobs and control labor costs by linking compensation to production?

Internships

Overtime pay

Profit sharing

Early retirement

5.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Above-market compensation policies are more likely to:

create an impression of innovation and success.

improve employee morale and reduce employee turnover.

affect employee cooperation more than any other business policy.

reduce barriers between people who need to work closely together.

6.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Keith works as a construction foreman, and he is viewed as a reliable, competent employee. Keith was recently injured in a car accident while on vacation, and his injuries are so severe that he will not be able to return to work. Which of the following would most likely provide Keith with benefits?

group life insurance

unemployment insurance

workers' compensation insurance

supplemental benefits

7.

FILL IN THE BLANK QUESTION

1 min • 5 pts

The indirect financial and nonfinancial payments employees receive for continuing their employment with a company are called _________.

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