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Quiz: 1. _________ are grouping different jobs in the same level with the
same value within the organization.
a) Pay levels
b) Job grades
c) Job families
d) Incentives
Ans: Correct Answer
[b]
Explanation:
A job grade is a grouping that encompasses positions with the same or similar
values in order to assign pay rates and structures.
Quiz: 2. A company has 800 headcounts on 31 Dec, and it has 40
separations. The separation rate is ________percent.
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, a) 5
b) 5.26
c) 10
d) 60
Ans: Correct Answer
[a]
Explanation
Separation Rate measures the percentage of employees who left the
organization during the reporting period. The formula is Separations / Average
headcount * 100. Therefore, the answer should be(40/800) *100 = 5
Quiz: 3. Code of conduct can decrease:
a) employee turnover
b) employee absenteeism
c) employee fraud
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, d) employee cost
Ans: Correct Answer
[c]
Explanation
A company code of ethics and code of conduct are critical elements of fraud
prevention. This code should also clarify what constitutes employee fraud, as
this is often an area of confusion for employees.
Quiz: 4. Which of the following function should be consulted in financial
metrics?
a) Audit
b) Marketing
c) Accounting
d) Security
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