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C8 Exam Dumps : Business Acumen for Compensation Professional

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Business Acumen for Compensation Professional Questions and Answers

Question 1

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

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Question 2

Regarding fixed and variable costs, what tends to happen as revenue increases?

Options:

A.

Variable costs decrease

B.

Fixed costs decrease

C.

Variable costs increase and consume a higher percent of revenue

D.

Fixed costs remain the same and consume a lower percent of revenue

Question 3

What information is found on the balance sheet?

Options:

A.

A list of what is owned, what is owed and the equity of an entity

B.

The revenues and expenses incurred by an entity over a period of time

C.

The change during the reporting period in cash and cash equivalents

D.

The profitability of the company as of a specific date