MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
The time spent in organization while performing the particular job is classified as |
| A. | seniority |
| B. | career maturity |
| C. | career equity |
| D. | non-equity |
| Answer» B. career maturity | |
| 2. |
The ranging and grading salary into just few levels is called |
| A. | broad banding |
| B. | less branding |
| C. | competency model |
| D. | skill based pay model |
| Answer» B. less branding | |
| 3. |
The compensation philosophy according to which the organization increase the salary of employees every year is called |
| A. | primacy orientation philosophy |
| B. | entitlement orientation philosophy |
| C. | performance orientation philosophy |
| D. | recency orientation philosophy |
| Answer» C. performance orientation philosophy | |
| 4. |
Defining the factors to be compared is included in |
| A. | selection of compensable factors |
| B. | selection of intuitive factors |
| C. | selection of logical factors |
| D. | selection of comprehensive factors |
| Answer» B. selection of intuitive factors | |
| 5. |
The outcomes of competency based pay system such as fewer bottlenecks, more workforce flexibility and increased effectiveness are classified as |
| A. | quartile strategy based outcome |
| B. | organization-related outcomes |
| C. | employee-related outcomes |
| D. | percentiles strategy outcomes |
| Answer» C. employee-related outcomes | |
| 6. |
In recent years, job title and tenure is replaced by |
| A. | employee performance and competencies |
| B. | company growth and market share |
| C. | employee skills and creativity |
| D. | pay for knowledge |
| Answer» B. company growth and market share | |
| 7. |
The cost reduction, quality improvement and gain sharing are classified as techniques of |
| A. | organization wide pay plans |
| B. | organization wide base pay |
| C. | individual pay plans |
| D. | group based pay plans |
| Answer» E. | |
| 8. |
The systematic way of determining the worth of all the jobs within any organization is called |
| A. | compensable evaluation |
| B. | job evaluation |
| C. | benchmark job |
| D. | job promotion structure |
| Answer» C. benchmark job | |
| 9. |
Creating a package of rewards for employees is called |
| A. | HR strategy |
| B. | performance appraisal |
| C. | aligned reward strategy |
| D. | aligned compensating strategy |
| Answer» D. aligned compensating strategy | |
| 10. |
The key issues related to internal equity are |
| A. | distributive justice |
| B. | procedural justice |
| C. | primacy justice |
| D. | both a and b |
| Answer» E. | |
| 11. |
According to compensation programs, the benefits such as retirement pensions and life insurances are classified in the category of |
| A. | direct compensation |
| B. | primacy compensation |
| C. | indirect compensation |
| D. | recency compensation |
| Answer» D. recency compensation | |
| 12. |
The workers with the manual jobs are mostly paid as |
| A. | pay plan based on knowledge |
| B. | pay plan based on skills |
| C. | pay plan based on tenure |
| D. | pay plan based on performance |
| Answer» C. pay plan based on tenure | |
| 13. |
Comparing quite dissimilar jobs such as nurses to technicians is the best classified as |
| A. | comparable worth |
| B. | incomparable worth |
| C. | definable worth |
| D. | indefinable worth |
| Answer» B. incomparable worth | |
| 14. |
The components of compensation for compensation includes |
| A. | annual bonuses |
| B. | supplemental benefits |
| C. | executive salaries |
| D. | all of the above |
| Answer» E. | |
| 15. |
The 'qualitative methods of evaluation' does not include |
| A. | point method |
| B. | factor comparison method |
| C. | graphical evaluation |
| D. | none of above |
| Answer» E. | |
| 16. |
Considering the non-exempt status of employees, the employees to whom overtime must be paid according to FLS act are classified as |
| A. | salaried exempt |
| B. | salaried non-exempt |
| C. | hourly pay employees |
| D. | clerical level employees |
| Answer» C. hourly pay employees | |
| 17. |
The position such as administrative, professionals and executive are classified as |
| A. | exempt employees |
| B. | non-exempt employees |
| C. | salaried exempt employees |
| D. | salaried nonexempt employees |
| Answer» B. non-exempt employees | |
| 18. |
The person's fixed pay and guaranteed bonus is included in |
| A. | base pay |
| B. | short-term incentives |
| C. | executive benefits |
| D. | long-term incentives |
| Answer» B. short-term incentives | |
| 19. |
The comparison between what salary coworkers are getting for similar jobs is called |
| A. | individual equity |
| B. | pay rate equity |
| C. | collective equity |
| D. | procedural equity |
| Answer» B. pay rate equity | |
| 20. |
An 'Equity theory of Motivation' does not include |
| A. | internal equity |
| B. | external equity |
| C. | collective equity |
| D. | individual equity |
| Answer» D. individual equity | |
| 21. |
The tangible components of compensation programs usually designed by the organization consists of |
| A. | indirect compensation |
| B. | recency compensation |
| C. | direct compensation |
| D. | both a and c |
| Answer» E. | |
| 22. |
The basic compensations given to employees as salaries or wages are called |
| A. | base pay |
| B. | wages |
| C. | variable pay |
| D. | salaries |
| Answer» B. wages | |
| 23. |
The wages and salaries are included in |
| A. | direct financial payments |
| B. | indirect financial payments |
| C. | compensations |
| D. | counseling |
| Answer» B. indirect financial payments | |
| 24. |
In an organization, the base pay is classified as being part of |
| A. | direct compensation |
| B. | primacy compensation |
| C. | indirect compensation |
| D. | recency compensation |
| Answer» B. primacy compensation | |
| 25. |
The 'educational level' of executive is classified as |
| A. | working capital |
| B. | human capital |
| C. | compensation capital |
| D. | size of working capital |
| Answer» C. compensation capital | |
| 26. |
The perceived fairness between what person receives and what person did is classified as |
| A. | procedural justice |
| B. | distributive justice |
| C. | recency justice |
| D. | equity |
| Answer» E. | |
| 27. |
The 'commission' that salesmen earns is an example of |
| A. | direct pay |
| B. | indirect pay |
| C. | compensation |
| D. | direct recruitment |
| Answer» B. indirect pay | |
| 28. |
The type of rewards employees get in form of praise for successfully accomplishing goals or completing project is classified as |
| A. | primacy rewards |
| B. | intrinsic rewards |
| C. | extrinsic rewards |
| D. | leniency rewards |
| Answer» C. extrinsic rewards | |
| 29. |
The compensation philosophy according to which compensations are not paid according to span of service, but considering performance level is called |
| A. | performance orientation philosophy |
| B. | recency orientation philosophy |
| C. | primacy orientation philosophy |
| D. | entitlement orientation philosophy |
| Answer» B. recency orientation philosophy | |
| 30. |
In piece rate system, the method in which the same amount is paid for standard output and higher amount is paid for more units is classified as |
| A. | straight piece rate system |
| B. | differential piece rate system |
| C. | fixed profit piece rate system |
| D. | fixed cost piece rate system |
| Answer» C. fixed profit piece rate system | |
| 31. |
The fairness of individual's job pay rates in comparison to employees within the firm is included in |
| A. | secondary equity |
| B. | collective equity |
| C. | primary equity |
| D. | individual equity |
| Answer» E. | |
| 32. |
The second step in pay rate establishment is to ensure the |
| A. | internal equity |
| B. | external equity |
| C. | procedural equity |
| D. | collective equity |
| Answer» B. external equity | |
| 33. |
The compensations and reward packages are designed for employees, must help company to achieve its |
| A. | mission |
| B. | vision |
| C. | strategic goals |
| D. | compensation strategy |
| Answer» D. compensation strategy | |
| 34. |
A pay grade is comprised of |
| A. | jobs of equal difficulty |
| B. | jobs of equal pay |
| C. | jobs of equal incentives |
| D. | jobs of equal skills |
| Answer» B. jobs of equal pay | |
| 35. |
The job's pay rate in comparison with one's own firm is an example of |
| A. | external equity |
| B. | primary equity |
| C. | secondary equity |
| D. | collective equity |
| Answer» B. primary equity | |
| 36. |
In 'job grading method', the group of jobs that are different is called |
| A. | classes |
| B. | rank jobs |
| C. | grades |
| D. | rows |
| Answer» C. grades | |
| 37. |
Bonuses are the part of |
| A. | direct financial payments |
| B. | payroll |
| C. | counseling |
| D. | indirect financial payments |
| Answer» B. payroll | |
| 38. |
An theory states that employees seek balance between the offered services and taken salaries is called |
| A. | equity theory of motivation |
| B. | equity theory of salaries |
| C. | equity theory of wages |
| D. | equity theory of compression |
| Answer» B. equity theory of salaries | |
| 39. |
The multiple plans specifying business unit and family while giving compensation are considered in approach called |
| A. | recency compensation approach |
| B. | traditional compensation approach |
| C. | total rewards approach |
| D. | primacy compensation approach |
| Answer» C. total rewards approach | |
| 40. |
The ranking of job, based on difficulty is |
| A. | job description |
| B. | job specification |
| C. | job evaluation |
| D. | ranking method |
| Answer» E. | |
| 41. |
The concept in which the whole or part of yearly pay increase is paid as single payment, is called |
| A. | consumer price index adjustment |
| B. | lump sum increase |
| C. | cost of living adjustment |
| D. | all of the above |
| Answer» E. | |
| 42. |
The employee stock options, deferred compensations and executive stock options are classified as techniques of |
| A. | individual pay plans |
| B. | group based pay plans |
| C. | organization wide pay plans |
| D. | organization wide base pay |
| Answer» D. organization wide base pay | |
| 43. |
The procedure of using less and more broad pay grades than the traditional system of compensation is classified as |
| A. | salary banding |
| B. | structure banding |
| C. | broad banding |
| D. | grade banding |
| Answer» D. grade banding | |
| 44. |
The system which is followed in organizations to distribute some portion from profits to all employees in organization is classified as |
| A. | profit sharing |
| B. | gain sharing |
| C. | broad banding |
| D. | draw sharing |
| Answer» B. gain sharing | |
| 45. |
The perceived fairness of all the procedures and process that are considered to make decisions about employees and their pay is called |
| A. | primacy justice |
| B. | recency justice |
| C. | procedural justice |
| D. | distributive justice |
| Answer» D. distributive justice | |
| 46. |
The salary survey can be conducted through |
| A. | primary data |
| B. | secondary data |
| C. | collective equity |
| D. | both a and b |
| Answer» E. | |
| 47. |
The work experience and field of study are included in |
| A. | working capital |
| B. | human capital |
| C. | compensation capital |
| D. | size of working capital |
| Answer» C. compensation capital | |
| 48. |
The factors must be considered to price the jobs in any organization includes |
| A. | job importance |
| B. | difficulty of job |
| C. | skills and abilities required |
| D. | all of the above |
| Answer» E. | |
| 49. |
The subgroup made of all the directors who are not working officers of the firm is called |
| A. | perks committee |
| B. | compensation committee |
| C. | incentives committee |
| D. | planning committee |
| Answer» C. incentives committee | |
| 50. |
The comparison of fairness between the sales manager and production manager job pay rates, is an example of |
| A. | collective equity |
| B. | primary equity |
| C. | secondary equity |
| D. | internal equity |
| Answer» E. | |