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Certified Compensation Professional CCP C3E Syllabus Exam Questions Answers

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Total 54 questions

Quantitative Principles in Compensation Management Questions and Answers

Question 5

Twelve percent of your workforce of 9,500 lives in France. How many people in your workforce live in France?

Options:

A.

962

B.

1,000

C.

1,140

D.

1,212

Question 6

Makayla's salary has grown at a rate of 7.3% per year for the past six years. If her increases remain the same, how long will her salary take to double?

Options:

A.

9.86 years

B.

10.42 years

C.

13.20 years

D.

27.10 years

Question 7

An employee earning 50,000 annually contributes 8% of his/her salary to a voluntary savings plan in the first year of participation. Excluding investment earnings, how much is in this employee's account at the end of the first year?

Options:

A.

2,000

B.

4,000

C.

5,500

D.

8,000

Question 8

What type of regression model does the following equation suggest? y = a + b1x1

Options:

A.

Multiple factor regression

B.

Nonlinear regression

C.

Bivariate regression

D.

Curvilinear regression

Page: 2 / 2
Total 54 questions