Mock 3 Flashcards
Which situation violates the Employee Retirement Income Security Act standards for pension funds?
Choose only ONE best answer.
A. An employer’s plan excludes employees under age 21, regardless of how long they have worked for the organization.
B. Employees are allowed to transfer their accrued pension funds to another employer’s plan.
C. Employees become fully vested after five years of service.
D. Employees are required to have a minimum of 15 months of service before they can participate in their employer’s defined benefit plan.
D
What type of learning activities would appeal most to an auditory learner?
Choose only ONE best answer.
A. Lecture and review tapes
B. Group activities and model building
C. Diagrams and illustrated handouts
D. Video demonstrations and field trips
A
In which form of budgeting is the prior year’s budget the basis for the next budget?
Choose only ONE best answer.
A. Formula budgeting
B. Zero-based budgeting
C. Incremental budgeting
D. Activity-based budgeting
C
The process where training or educational activities occur at multiple levels in an organization is called organizational
Choose only ONE best answer.
A. Design.
B. Culture.
C. Climate.
D. Learning
D
What is the purpose of a works council?
Choose only ONE best answer.
A. It holds elections for union representation of workers
B. It promotes communication between management and employees on issues that affect workers’ interests.
C. It ensures that workers are aware of promotional opportunities within the company for which they work.
B
How should the HR leader approach analyzing internal equity among the employee population, within each job title, as part of the wage structure project?
Choose only ONE best answer.
A. The HR leader should discuss internal equity issues with the division president and general managers.
B. The HR leader should review employees’ rates of pay to determine if they are appropriately positioned within the range.
C. The HR leader should recommend that newly hired employees be paid a minimum rate of pay when joining the organization.
D. The HR leader should focus only on nonmonetary items to address internal equity
B
What is the most important reason to complete a risk assessment?
Choose only ONE best answer.
A. To create transparency through ownership of the risk management strategy.
B. To develop management tactics for strategic and operational risks.
C. To lower financial risks due to workers’ compensation claims.
B
What type of engagement is evident in the effort an employee puts into his or her job?
Choose only ONE best answer.
A. Transactional engagement
B. Behavioral engagement
C. Trait engagement
B
Why should the division president be concerned about having a competitive and equitable compensation structure?
Choose only ONE best answer.
A. The president is trying to create a business partnering approach with HR and the chief financial officer.
B. The president can ensure that the organizational strategy is not impacted by not having an appropriate reward system for the employees.
B
How should the HR leader maximize benchmark source data to establish new pay ranges?
Choose only ONE best answer.
A. The HR leader should use multiple different data sources to compare, contrast, and analyze different resources to design a new wage structure that is best for the division.
B. The HR leader should apply cost-of-living adjustments to one data source, favoring that source over any others
A
How should the HR leader address the information uncovered in relation to promotional pay practices?
Choose only ONE best answer.
A. The HR leader should implement a wage structure program.
B. The HR leader should review the information with the divisional president.
C. The HR leader should not worry about the practice as it has worked for the organization for years.
D. The HR leader should benchmark multiple data sources and recommend a comprehensive structure for all positions
D
How should the HR leader address the information uncovered in relation to promotional pay practices?
Choose only ONE best answer.
A. The HR leader should implement a wage structure program.
B. The HR leader should review the information with the divisional president.
C. The HR leader should not worry about the practice as it has worked for the organization for years.
D. The HR leader should benchmark multiple data sources and recommend a comprehensive structure for all positions
D
How should the HR leader approach analyzing internal equity among the employee population, within each job title, as part of the wage structure project?
Choose only ONE best answer.
A. The HR leader should discuss internal equity issues with the division president and general managers.
B. The HR leader should review employees’ rates of pay to determine if they are appropriately positioned within the range.
C. The HR leader should recommend that newly hired employees be paid a minimum rate of pay when joining the organization.
D. The HR leader should focus only on nonmonetary items to address internal equity
B
What is the primary advantage of
developing a career management program?
Choose only ONE best answer.
A. It limits the number of training programs an organization needs to develop
B. It ensures that the company will have the skilled employees it needs in the future.
C. It is not tied to the succession planning or performance appraisal program
B
An HR manager is asked by the Vice President of HR to define and implement a simulation-based assessment center that uses specially trained observers to rate each candidate’s performance. The need is to assess which employees have potential for promotion into management. The VP of HR is familiar with this practice, having used the technique in a prior company, and she sees the assessment center as a best practice innovation.
The VP of HR is new and comes from a large but entirely domestic organization with an aging workforce. Her new company is a global organization with eight operations located around the world. It is highly diverse in terms of ethnicity, and the average worker is probably 15 to 20 years younger than the VP of HR is used to. In researching methodologies, the HR manager stumbles onto an online assessment system that requires no trainers and raters, takes 75% less time to complete than the assessment center process, and has higher validity and reliability as an assessment technique.
The VP of HR has already indicated a preference for the assessment center approach, what would be the most effective way to reopen the options for this project?
The HR manager should emphasize business needs met by the online assessment option that are not provided by the traditional method.