Vendor: WorldatWork
Certifications: Certified Compensation Professional (CCP)
Exam Code: C8
Exam Name: Business Acumen for Compensation Professional
Updated: Aug 09, 2022
Q&As: 78
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What is the most likely explanation for why compensation and rewards require a strong grasp of business acumen for compensation professionals?
A. Because the internal and external environments are constantly changing
B. Because the best interests of the organization take priority, which can lead to difficult decisions and implementation issues
C. Because they are emotional issues and stakeholders have many vested interests
D. Because strong business acumen is required for all compensation decisions
Who are you most likely to hear from if there are questions about an employee's compensation?
A. The employee
B. A concerned co-worker
C. The employee's manager
D. The employee's department head
Administering budgets is an example of what key competency for compensation professionals?
A. Financial Management
B. HR Management
C. Resource Management
D. Policy Management
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