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WorldatWork Regulatory Environments for Compensation Programs Sample Questions:

1. Which of the following is an example of a reasonable accommodation?

A) Creating a separate area for the disabled employee to work
B) Providing a pre-employment medical exam
C) Creating a new position in the company
D) Job restructuring

2. What are usual, customary and reasonable charges (UCR)?

A) The charges that are allowable for any given medical procedure with no pre-treatment authorization
B) The charges that an insurance carrier determines are normal for a particular medical procedure within a specific geographical area
C) The charges that are typically paid up front by a plan participant for services rendered.
D) The charges that are published annually in the Global Insurers' Medical Cost Comparison Guide

3. What best describes a use of strategic analysis?

A) Forecasting profit, growth and investment performance to develop realistic budgets
B) Understanding your business and its competitive strengths and weaknesses
C) Evaluating prior year performance for the narrative portion of annual financial reports
D) Pricing your products appropriately

4. Which of the following are the two primary elements of benefits?

A) Mental health coverage and health care coverage
B) Pay for time not worked and income protection programs
C) Defined contribution and defined benefits plans
D) Unemployment and disability

5. Which type of base pay is typically based on an individual employee's rate of production?

A) Piece rate
B) Hourly rate
C) Production rate
D) Salary

Solutions: