Compensation Exam
_______ is an example of a country with a highly Decentralized approach to pay setting with higher
wage flexibility. - ✔✔C - The United States of America
KayLeaf INC. wants to set up a unit in China. To Facilitate this, it sends its manager to China to
%
gather information. Which of the following is most likely to be a suggestion from its manager? - ✔✔A-
Use a hierarchical pay structure as their high-power distance in China
Uncertainty avoidance is ____ - ✔✔C- the extent to which culture programs it members to feel either
uncomfortable or comfortable in unstructured situations.
0
Individualism is_____ - ✔✔C- the degree to which people are supposed to look after themselves or
remain integrated into groups, usually around the family.
Which of the following countries has the highest number of people in the workforce belonging to
unions? - ✔✔A- Sweden
0
The degree of discretion managers have to make total compensation a strategic tool is referred to
as___ - ✔✔A- managerial autonomy
1
Traditionally, Japan's employment relationships were supported by____ - ✔✔A- lifetime security
within the company
Which of the following is a factor determining base pay in the Japanese traditional national system? -
✔✔: D- Career Category
Bonuses paid in Japan are____ - ✔✔B not necessarily related to performance
In Japan, internal alignment based on _____ is far more important than other factors. - ✔✔A-
seniority
Which of the following statements about evolution add change in the traditional German model is
true? - ✔✔D- Many of the changes in Germany are the result of global competitive pressures and
technological changes.
An ____ approach to compensation involves designing a total pay system at headquarters and
applying it globally. - ✔✔A- exporter
, A Japanese citizen working for Toyota in Georgetown, Kentucky is a ____ - ✔✔B- parent-country
national
An Indian citizen working for a Japanese company in India is a ______ - ✔✔B- local country national
A Korean citizen working for Toshiba, a Japanese company in Canada is a____ - ✔✔B- third-country
%
national
Which of the following is true of hiring LCN's - ✔✔B- Employment of LCN's satisfies nationalistic
demands for hiring locals.
KYZ Inc. A U.S. Firm, sends its manager, Ryan, to London to manage its operations there. Ryans
0
salary....... - ✔✔C- The cafeteria approach
When taxes are deducted from employees' earnings up to the same amount of taxes they would pay
had they remained in their home country its known as____ - ✔✔C- tax equalization
0
Which of the following approaches seeks to ensure that employers on overseas assignments have
the same spending power as they would in their home country? - ✔✔D- The balance sheet approach
MayFLy INc. A firm headquarters in Paris France....Frankfurt....Which of the following approaches to
1
expatriate compensation is exemplified in this situation? - ✔✔D- Modified balance sheet approach
The executive branch of the federal government____ - ✔✔D- enforces laws through agencies and its
other bodies
The ____ Act extends the prevailing-wage concept to manufacture or suppliers of goods for
government contracts. - ✔✔C- Walsh-Healey Public Contracts
The Davis-Bacon Act - ✔✔C- requires that mechanics on public construction projects be paid the
prevailing wage in an area.
Under the ____act, executives cannot retain bonuses or profits from selling company stock is they
mislead the public regarding their company's financial condition. - ✔✔B- Sarbanes-Oxley
Which of the following is NOT a provision for the Fair Labor Standards Act of 1938 - ✔✔C- It
requires that employers provide 15 weeks of medical leave to employees
The worker economic opportunity act____ - ✔✔B- States that the income from most stock plans
need not be included in calculating overtime pay.
_______ is an example of a country with a highly Decentralized approach to pay setting with higher
wage flexibility. - ✔✔C - The United States of America
KayLeaf INC. wants to set up a unit in China. To Facilitate this, it sends its manager to China to
%
gather information. Which of the following is most likely to be a suggestion from its manager? - ✔✔A-
Use a hierarchical pay structure as their high-power distance in China
Uncertainty avoidance is ____ - ✔✔C- the extent to which culture programs it members to feel either
uncomfortable or comfortable in unstructured situations.
0
Individualism is_____ - ✔✔C- the degree to which people are supposed to look after themselves or
remain integrated into groups, usually around the family.
Which of the following countries has the highest number of people in the workforce belonging to
unions? - ✔✔A- Sweden
0
The degree of discretion managers have to make total compensation a strategic tool is referred to
as___ - ✔✔A- managerial autonomy
1
Traditionally, Japan's employment relationships were supported by____ - ✔✔A- lifetime security
within the company
Which of the following is a factor determining base pay in the Japanese traditional national system? -
✔✔: D- Career Category
Bonuses paid in Japan are____ - ✔✔B not necessarily related to performance
In Japan, internal alignment based on _____ is far more important than other factors. - ✔✔A-
seniority
Which of the following statements about evolution add change in the traditional German model is
true? - ✔✔D- Many of the changes in Germany are the result of global competitive pressures and
technological changes.
An ____ approach to compensation involves designing a total pay system at headquarters and
applying it globally. - ✔✔A- exporter
, A Japanese citizen working for Toyota in Georgetown, Kentucky is a ____ - ✔✔B- parent-country
national
An Indian citizen working for a Japanese company in India is a ______ - ✔✔B- local country national
A Korean citizen working for Toshiba, a Japanese company in Canada is a____ - ✔✔B- third-country
%
national
Which of the following is true of hiring LCN's - ✔✔B- Employment of LCN's satisfies nationalistic
demands for hiring locals.
KYZ Inc. A U.S. Firm, sends its manager, Ryan, to London to manage its operations there. Ryans
0
salary....... - ✔✔C- The cafeteria approach
When taxes are deducted from employees' earnings up to the same amount of taxes they would pay
had they remained in their home country its known as____ - ✔✔C- tax equalization
0
Which of the following approaches seeks to ensure that employers on overseas assignments have
the same spending power as they would in their home country? - ✔✔D- The balance sheet approach
MayFLy INc. A firm headquarters in Paris France....Frankfurt....Which of the following approaches to
1
expatriate compensation is exemplified in this situation? - ✔✔D- Modified balance sheet approach
The executive branch of the federal government____ - ✔✔D- enforces laws through agencies and its
other bodies
The ____ Act extends the prevailing-wage concept to manufacture or suppliers of goods for
government contracts. - ✔✔C- Walsh-Healey Public Contracts
The Davis-Bacon Act - ✔✔C- requires that mechanics on public construction projects be paid the
prevailing wage in an area.
Under the ____act, executives cannot retain bonuses or profits from selling company stock is they
mislead the public regarding their company's financial condition. - ✔✔B- Sarbanes-Oxley
Which of the following is NOT a provision for the Fair Labor Standards Act of 1938 - ✔✔C- It
requires that employers provide 15 weeks of medical leave to employees
The worker economic opportunity act____ - ✔✔B- States that the income from most stock plans
need not be included in calculating overtime pay.
