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C1 Exam Dumps : Regulatory Environments for Compensation Programs

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Regulatory Environments for Compensation Programs Questions and Answers

Question 1

What happens to the marginal cost if revenue accelerates slower than variable costs but fixed costs remain the same?

Options:

A.

It remains the same.

B.

It decreases because variable costs are increasing.

C.

It increases at the same rate as variable costs.

D.

It becomes increasingly higher as revenues increase.

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Question 2

Which of the following scenarios best describes a contract worker?

Options:

A.

A technician who works a scheduled shift and performs tasks as assigned according to specifications.

B.

A computer programmer who telecommutes, uses her own equipment and works for multiple employers

C.

An accounts payable specialist who works at the company site utilizing an internal A/P system and pays vendors according to company procedures.

Question 3

Until what age does the FLSA limit the number of hours of nonhazardous work? (...as long as the overtime pay provisions are met)

Options:

A.

14 years of age

B.

15 years of age

C.

16 years of age

D.

18 years of age