WorldatWork WC-C8 Online Practice Questions and Exam Preparation

WorldatWork WC-C8 Online Questions & Answers

• Question 41:

  Regarding presentations to executives, which of the following is most accurate?

  A. Keep them brief
  B. Use multiple media
  C. Include all details related to the issue
  D. Leave backup data out of the presentation so there is time to develop an effective response to unexpected questions
  A. Keep them brief

• Question 42:

  What happens to the marginal cost if revenue accelerates slower than variable costs but fixed costs remain the same?

  A. It remains the same.
  B. It decreases because variable costs are increasing.
  C. It increases at the same rate as variable costs.
  D. It becomes increasingly higher as revenues increase.
  D. It becomes increasingly higher as revenues increase.

• Question 43:

  What is the most accurate definition of organizational vision?

  A. A description of who the organization is, where it is headed and what it wants for the future
  B. A written explanation of the intention or purpose of the organization and why it is in business
  C. A statement of what kind of organization it wants to be and the guiding principles and/or beliefs shared by stakeholders
  D. A detailed account of the organization's goals, directions to achieve them and how it will compete
  A. A description of who the organization is, where it is headed and what it wants for the future

• Question 44:

  An organization whose focus is on obtaining capital, marketing products or services, sales growth and cash conservation is most likely to be in what stage of the business lifecycle?

  A. Start-up
  B. Growth
  C. Mature
  D. Decline
  A. Start-up

• Question 45:

  Which of the following best describes the guiding principles and/or beliefs shared by stakeholders in an organization?

  A. Mission
  B. Vision
  C. Values
  D. Strategy
  C. Values

• Question 46:

  In what stage of the business lifecycle do companies typically begin standardizing procedures through policy creation?

  A. Start-up
  B. Growth
  C. Mature
  D. Decline
  B. Growth

• Question 47:

  When trying to achieve compromise and collaboration to achieve your goals, on which stakeholder(s) should you focus most of your efforts?

  A. The most senior leader with the highest level of authority
  B. No one person. Identify your stakeholders and work to achieve consensus among the majority.
  C. Influencers and decision-makers who have the respect of employees and are both proponents and opponents of your objectives
  D. Individuals with power in the organization who have the authority to overrule the concerns of opponents
  C. Influencers and decision-makers who have the respect of employees and are both proponents and opponents of your objectives

• Question 48:

  The Alpha company ships an order to a customer on March 1st and invoices the customer for the product with the shipment, with payment terms of net 30 days. The customer's payment is received on April 5th. The payment clears the bank and shows on Alpha's account on April 8th. If Alpha is using accrual accounting, when does it record the revenue for this sale?

  A. March 1st
  B. March 31st
  C. April 5th
  D. April 8th
  A. March 1st

• Question 49:

  Which of the following factors has the greatest impact on how aggressive a stance (high vs. low) an organization will take in terms of where it positions itself against the market with its compensation strategy?

  A. The industry it operates in
  B. The bottom line
  C. The organizational headcount
  D. The risk tolerance of compensation leaders
  B. The bottom line

• Question 50:

  What is the most likely explanation for why compensation and rewards require a strong grasp of business acumen for compensation professionals?

  A. Because the internal and external environments are constantly changing
  B. Because the best interests of the organization take priority, which can lead to difficult decisions and implementation issues
  C. Because they are emotional issues and stakeholders have many vested interests
  D. Because strong business acumen is required for all compensation decisions
  C. Because they are emotional issues and stakeholders have many vested interests