Question 1

Regarding presentations to executives, which of the following is most accurate?

Options :

A : Keep them brief

B : Use multiple media

C : Include all details related to the issue

D : Leave backup data out of the presentation so there is time to develop an effective response to unexpected questions

Answer: A

Question 2

What best describes an effective core technique for communicating with executives?

Options :

A : Focus on negative issues first, such as compensation costs exceeding budget, to get their attention

B : Provide a wide range of facts and figures. With their high level of responsibility, executives must have all the data before they can make informed decisions.

C : Assume they have little knowledge of the issue and make a detailed presentation leading up to the purpose of the meeting.

D : Recommend a solution that will solve the issue and explain why it is the best solution available.

Answer: D

Question 3

Which of the following is the most accurate statement about the business strategy?

Options :

A : It usually is a secondary consideration in compensation design.

B : It is the company-s plan for competitive positioning of its products or services.

C : It must be written after the company-s operating plans are approved by senior management.

D : It is developed for compensation, benefits and the work-life using the HR strategy as a basis.

Answer: B

Question 4

Regarding fixed and variable costs, what are Finance's primary concerns?

Options :

A : Fixed costs must be kept to a minimum, but variable costs can fluctuate since they tend to correlate with revenue.

B : Variable costs often have a heavier focus than fixed costs, which applies to all areas, including compensation.

C : Fixed costs and variable costs are equally important and both should be kept to a minimum.

D : Fixed costs are not a concern because they cannot be changed, so the focus is primarily on variable costs.

Answer: B

Question 5

Which of the following is the best example of applying business executive to data analysis?

Options :

A : Compiling data needed to calculate salary budgets and merit increases

B : Identifying trends and key messages emerging over time

C : Reviewing historical trends to complete annual budgets

D : Providing quarterly incentive estimates for accruals

Answer: B

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