Free Access WorldatWork.CECP.v2022-06-21.q36 Practice Test (Page 7)

Question 26

Which of the following is primarily focused on giving special attention to employee actions, efforts, behavior or performance?

A.Recognition

B.Career opportunities

C.Benefits

D.Compensation

Question 27

What type of equity incentive gives employees the right to purchase company shares at a specified price?

A.Performance units

B.Stock/share options

C.Stock/share grants

D.Restricted stock/shares

Question 28

Regarding key competencies for financial management, HR management and resource management, what sets top performers apart?

A.The level of formal education in each area

B.The ability to prioritize which is most critical in any given situation and allocate time and resources accordingly

C.Effective interpersonal and communication skills that can overshadow minor deficiencies in any one area

D.The ability to tie them together, distill key messages and make impactful decisions

Question 29

What type of pay increase is given when an organization finds that its compensation program is behind competitive market rates?

A.Merit

B.General

C.Automatic

D.Cost of living

Question 30

The XYZ Company opened a new manufacturing facility with a capital investment of 10,000,000. The cost to obtain the capital was 8%. In its first year of operations, the facility's net operating profit after taxes was 10,500,000. What was the economic value added (EVA) using the EVA formula?

A.500,000

B.8,000,000

C.9,700,000

D.840,000

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