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C8 Exam Dumps : Business Acumen for Compensation Professional

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Business Acumen for Compensation Professional Questions and Answers

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Question 1

The Alpha company ships an order to a customer on March 1st and invoices the customer for the product with the shipment, with payment terms of net 30 days. The customer’s payment is received on April 5th. The payment clears the bank and shows on Alpha’s account on April 8th. If Alpha is using accrual accounting, when does it record the revenue for this sale?

Options:

A.

March 1st

B.

March 31st

C.

April 5th

D.

April 8th

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Question 2

What best describes an effective approach for balancing multiple priorities and perspectives regarding compensation?

Options:

A.

Being firm and uncompromising in your decision-making

B.

Representing your view with data and relating it to business results

C.

Finding a compromise that may not appease all stakeholders but does not give any one group or person everything they are seeking

D.

Giving priority to perspectives based on the job or influence level of the stakeholders

Question 3

Internal process metrics are most useful in which of the following situations?

Options:

A.

Assessing how well the business is running

B.

Determining employee satisfaction levels

C.

Measuring the financial success of the business

D.

Evaluating customer perceptions of products or services

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