Economics > QUESTIONS & ANSWERS > WGU C236 Compensation and Benefits Questions and Answers with Complete Solutions (All)

WGU C236 Compensation and Benefits Questions and Answers with Complete Solutions

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WGU C236 Compensation and Benefits Questions and Answers with Complete Solutions The employment relationship is: A. An agreed-upon basis for organizations and people meeting each other's needs B.... A disagreed-upon basis for organizations and people meeting each other's needs C. An agreed-upon basis for organizations and government meeting each other's needs D. None of the above ✔✔A Organizations get work done through: A. Dollars B. Customers C. People D. Product ✔✔C Total rewards includes: A. Benefits, base salary, paid time off B. Benefits C. Base salary and benefits D. Base salary ✔✔C Meaningful work would be considered a discretionary employee benefit. A. True B. False ✔✔B Understanding the total rewards system will not allow you to create a meaningful total rewards plan. A. True B. False ✔✔B Which of the following job families would not be affected by total rewards? A. Engineers B. Finance C. Marketing D. All job families are affected by total rewards ✔✔D Pay is not a broad category that refers to the monetary compensation that is provided to an employee in exchange for their work. A. True B. False ✔✔B Cash compensation is monetary pay from ____________ to __________________. A. Employers, employees B. Employees, employers C. Government, citizens D. None of the above ✔✔A Fringe benefits have become quite ____________ to compensation plans. A. Central B. Unimportant C. Conditional D. Proven ✔✔A When you think about a company's health benefits or retirement plan, you are thinking about employee benefits. A. True B. False ✔✔A ________________________ refers to the direct monetary pay given to an employee in exchange for their contributions to the organization. A. Total rewards B. Cash compensation C. Benefits D. Time off ✔✔B Which of the following would not be i [Show More]

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