C8 Actual Exam Questions

Last updated on Dec. 23, 2024.
Vendor:WorldatWork
Exam Code:C8
Exam Name:Business Acumen for Compensation Professionals
Exam Questions:78
 

Topic 1 - Single Topic

Question #1 Topic 1

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

  • A. Financial Management
  • B. HR Management
  • C. Resource Management
  • D. Policy Management
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Correct Answer: A 🗳️

Question #2 Topic 1

`Cost-benefit thinking` is most useful in the context of financial management for purposes of what?

  • A. Procurement
  • B. Recruiting
  • C. Setting priorities
  • D. Plan administration
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Correct Answer: C 🗳️

Question #3 Topic 1

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
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Correct Answer: D 🗳️

Question #4 Topic 1

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
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Correct Answer: B 🗳️

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