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WorldatWork B1 Exam With Confidence Using Practice Dumps

Exam Code:
B1
Exam Name:
Regulatory Environments for Benefits Programs
Certification:
WorldatWork Certification
Vendor:
WorldatWork
Questions:
0
Last Updated:
N/A
Exam Status:
Stable
WorldatWork B1

B1: WorldatWork Certification Exam 2024 Study Guide Pdf and Test Engine

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Regulatory Environments for Benefits Programs Questions and Answers

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Question 1

Which of the following statements best describes defined contribution (DC) plans?

Options:

A.

They require complex actuarial calculations and assumptions.

B.

The benefit is based on a formula that considers pay and service.

C.

They generally provide better benefits to employees with longer service.

D.

The employee assumes the risk for the investments.   

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Question 2

When trying to achieve compromise and collaboration to achieve your goals, on which stakeholder(s) should you focus most of your efforts?

Options:

A.

The most senior leader with the highest level of authority

B.

No one person. Identify your stakeholders and work to achieve consensus among the majority.

C.

Influencers and decision-makers who have the respect of employees and are both proponents and opponents of your objectives

D.

Individuals with power in the organization who have the authority to overrule the concerns of opponents

Question 3

How does the Fair Labor Standards Act require employers to pay their nonexempt employees?

Options:

A.

Double time for time worked on Sunday

B.

Time and a half for all hours worked over 40 in the workweek

C.

Time and a half for all hours worked over 8 in the workday

D.

Double time for work on Saturday

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