Multiple choice

Question 1

Financial rewards include direct payments plus indirect payments in the form of:

A. individual equity.

B. corporate compensation.

C. spot awards.

D. employee benefits.

Question 2

If pay systems are to accomplish the objectives set for them, ultimately they must be perceived as:

A. adequate and equitable.

B. generous and timely.

C. immediate and fair.

D. relevant and competitive.

Question 3

Which of the following laws established the first national minimum wage?

A. Davis-Bacon Act

B. Fair Labor Standards Act

C. Walsh-Healy Act

D. McNamara-O'Hara Service Contract Act

Question 4

Which act states that overtime is required only for hours worked in excess of 40 per week, not 8 per day, as previously?

A. Federal Labor Relations Act

B. Labor Management Reporting and Disclosure Act

C. McNamara-O'Hara Service Contract Act

D. Defense Authorization Act