SHRM-CP/SHRM-SCP CERTIFICATION EXAM GUIDE
WITH ALL CORRECT & 100% VERIFIED ANSWERS|
UPDATED TO PASS
The Clayton Act (1914) ✔Correct answer-1. prohibits mergers and acquisitions that would lessen
competition
2. Prohibits Single person from being a director of two or more competing corporations
3. Restricts the use of injunctions against labor and legalized peaceful strikes, picketing, and boycotts
The consumer Credit Protection Act
(1968) ✔Correct answer-1. limits to the amount. of wages that can be garnished or withheld in any
one week by an employer to satisfy creditors
2. Prohibits employee dismissal because of garnishment for any one indebtedness
The Copeland "Anti-Kickback" Act (1934) ✔Correct answer-1. Precludes a federal contractor or
subcontractor from inducing an employee to give up any part of his wages to the employer for the
benefit of having a job
The Copyright Act (1976) ✔Correct answer-Protection of "original work" for authors so others may
not print, duplicate, distribute, or sell their work.
protects to the duration of the authors life plus 70 years for general copyright and to 95 years for
works made for hire and works copy-righted before 1978
The Davis-Bacon Act (1931) ✔Correct answer-1. Requires contractors and subcontractors on
certain federally funded or assisted constructions projects over $2000 in the United States to pay
wages and fringe benefits at least equal to those prevailing in the local area where the work is
performed.
2. Applies only to laborers and mechanics
3. allows trainees and apprentices to be paid less than the predetermined rates under certain
circumstances
The Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) ✔Correct answer-1.
Offers a very wide range of mandates affecting all federal regulatory agencies and almost every part
of the nation's financial services industry
2. Includes a non-binding vote for shareholders on executive compensation, golden parachutes, and
return of executive compensation based on inaccurate financial statements
2. Included requirements to report chief executive officer pay compared to the average employee
compensation and provision of financial reward for whistleblowers
The Economic Growth and Tax Relief Reconciliation Act (EGTRRA)(2001) ✔Correct answer-1.
Modification to the internal Revenue Code that adjust pension vesting schedules, increasing
retirement plan limits, permitting pre-tax catch-up contributions by participants over the age of 50 in
certain plans (Which are not tested for discrimination when made available to the entire workforce),
and modification of distribution and rollover rules
The Electronic Communications Privacy Act (ECPA) (1986) ✔Correct answer-
The Employee Polygraph Protection Act (1988) ✔Correct answer-
WITH ALL CORRECT & 100% VERIFIED ANSWERS|
UPDATED TO PASS
The Clayton Act (1914) ✔Correct answer-1. prohibits mergers and acquisitions that would lessen
competition
2. Prohibits Single person from being a director of two or more competing corporations
3. Restricts the use of injunctions against labor and legalized peaceful strikes, picketing, and boycotts
The consumer Credit Protection Act
(1968) ✔Correct answer-1. limits to the amount. of wages that can be garnished or withheld in any
one week by an employer to satisfy creditors
2. Prohibits employee dismissal because of garnishment for any one indebtedness
The Copeland "Anti-Kickback" Act (1934) ✔Correct answer-1. Precludes a federal contractor or
subcontractor from inducing an employee to give up any part of his wages to the employer for the
benefit of having a job
The Copyright Act (1976) ✔Correct answer-Protection of "original work" for authors so others may
not print, duplicate, distribute, or sell their work.
protects to the duration of the authors life plus 70 years for general copyright and to 95 years for
works made for hire and works copy-righted before 1978
The Davis-Bacon Act (1931) ✔Correct answer-1. Requires contractors and subcontractors on
certain federally funded or assisted constructions projects over $2000 in the United States to pay
wages and fringe benefits at least equal to those prevailing in the local area where the work is
performed.
2. Applies only to laborers and mechanics
3. allows trainees and apprentices to be paid less than the predetermined rates under certain
circumstances
The Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) ✔Correct answer-1.
Offers a very wide range of mandates affecting all federal regulatory agencies and almost every part
of the nation's financial services industry
2. Includes a non-binding vote for shareholders on executive compensation, golden parachutes, and
return of executive compensation based on inaccurate financial statements
2. Included requirements to report chief executive officer pay compared to the average employee
compensation and provision of financial reward for whistleblowers
The Economic Growth and Tax Relief Reconciliation Act (EGTRRA)(2001) ✔Correct answer-1.
Modification to the internal Revenue Code that adjust pension vesting schedules, increasing
retirement plan limits, permitting pre-tax catch-up contributions by participants over the age of 50 in
certain plans (Which are not tested for discrimination when made available to the entire workforce),
and modification of distribution and rollover rules
The Electronic Communications Privacy Act (ECPA) (1986) ✔Correct answer-
The Employee Polygraph Protection Act (1988) ✔Correct answer-
