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CECP Exam Dumps : Certified Executive Compensation Professional

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Certified Executive Compensation Professional Questions and Answers

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Question 1

What best describes the two primary elements of compensation?

Options:

A.

Fixed pay and variable pay

B.

Base pay and annual incentives

C.

Direct and indirect compensation

D.

Salary and hourly rate   

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Question 2

Which of the following is the best definition of variable pay?

Options:

A.

Compensation that is given in the form of perquisites such as a company car, fitness membership, paid training, etc.

B.

Compensation that is nondiscretionary and does not vary according to performance or results

C.

Compensation that is contingent on discretion, performance or results

D.

Compensation that is determined by the organization's pay structure   

Question 3

What best describes a key competency of compensation professionals regarding HR management of the organization’s employees?

Options:

A.

Ensuring they are appropriately selected, developed, appraised and rewarded

B.

Monitoring individual employee career paths and succession planning

C.

Communicating regularly with line management on performance management

D.

Ensuring that all regulatory and voluntary payroll deductions are properly administered

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