Question 1

What is the most accurate statement regarding forecasting?

Options :

A : It is a precise estimate of what the future holds for the organization.

B : It is done primarily by using historical revenue and expense data.

C : It is done primarily by evaluating market conditions and economic indicators.

D : It uses internal and external factors to help answer questions about business expectations for the future.

Answer: D

Question 2

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

Options :

A : General

B : Cost of living

C : Automatic

D : Merit

Answer: A

Question 3

Which government agency enforces the Sherman Antitrust Acton issues related to the workforce?

Options :

A : Department of Labor

B : National Labor Relations Board

C : Office of Federal Contract Compliance Programs

D : Equal Employment Opportunity Commission

Answer: A

Question 4

Which one of the following should be included in a compensation guide for managers?

Options :

A : Information on common management processes

B : The consequences of various disciplinary measures

C : Individual salary rates of employees in their department

Answer: A

Question 5

What information do EEO posters provide to employees?

Options :

A : Various federal minimum wage rules

B : Employee rights under the H-2A Program

C : Laws and procedures for filing complaints

D : Laws and rules for employee polygraph protection

Answer: C