C3E: Quantitative Principles in Compensation
Management Quiz EXAM, comprehensive
questions and verified answers QUESTIONS WITH
ACCURATE ANSWERS | MULTIPLE CHOICES
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Why do compensation (C) To improve changes of making sound decisions
professionals collect & use
data?
(A) To support personal
agendas
(B) To respond to stock
price volatility
(C) To improve changes of
making sound decisions
(D) To replace the need
for modeling
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,10/20/25, 7:30 AM C3E: Quantitative Principles in Compensation Management Quiz EXAM, comprehensive questions and verified answers QUESTI…
A true, absolute zero (D) Ratio
exists for which level of
measurement?
(A) Nominal
(B) Ordinal
(C) Interval
(D) Ratio
Salary is an example of (D) Ratio
which level of
measurement?
(A) Nominal
(B) Ordinal
(C) Interval
(D) Ratio
In order to satisfy ordinal (C) Be able to meaningfully arrange the data in rank
level data requirements, order
you must be able to do
which of the following?
(A) Have a true zero
(B) Have a constant
interval from point to
point
(C) Be able to
meaningfully arrange the
data in rank order
(D) Be able to establish
ratios
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, 10/20/25, 7:30 AM C3E: Quantitative Principles in Compensation Management Quiz EXAM, comprehensive questions and verified answers QUESTI…
Rating employee (B) Ordinal
performance on a five-
point scale is most likely
an example of which level
of measurement?
(A) Nominal
(B) Ordinal
(C) Interval
(D) Ratio
You spent 30% of your (D) It cannot be determined based upon the
budget on merit increases information given.
three years ago, 35% two
years ago, and 40% last (depends on how much the budget was)
year. When was the most
money spent on merit
increases?
(A) Three years ago
(B) Two years ago
(C) Last year
(D) It cannot be
determined based upon
the information given.
What is the individual (B) .83
compa-ratio for an
employee whose salary is
25,000 per year when the
midpoint of the salary
structure is 30,000?
(A) .17
(B) .83
(C) 1.20
(D) .80
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