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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 do profits, equity and debt all have in common?

Options:

A.

They are all reported on the balance sheet.

B.

They are all sources of capital.

C.

They all incur the same costs to the business.

D.

Nothing. Each of these is a different financial metric.

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Question 2

Which of the following is a true statement regarding the talent development needs of employees?

Options:

A.

If employees believe their skills will fall behind their professional peers, they will be afraid to look for another job.

B.

Obtaining and developing skills provides leverage for the employee to seek more compensation.

C.

Opportunities for career advancement are important to employees in their decisions to either join or leave an organization.

Question 3

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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