DeVry HRM 430 Midterm Exam

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Questin 1. Question : (TCO 1) Which type of compensation program is
based, in part, on the human capital theory?
Student Answer:

Merit pay

Seniority pay
Incentive pay
Skill-based pay

Question 2. Question : (TCO 1) Which theory states that employees

knowledge and skills generate productive capital?
Student Answer:
Expectancy theory
Equity theory
Human capital theory

Job characteristics theory

Question 3. Question : (TCO 1) Which constituency group turns to

compensation professionals for advice about setting appropriate pay rates
for jobs?
Student Answer:

Employees

Line managers
Unions
Executives
Question 4. Question : (TCO 1) Which of the following are the three broad
categories of discretionary benefits?
Student Answer:

Welfare practices, services, paid time of

Protection programs, paid time of, services

Paid time of, welfare practices, and protection programs
Services, protection programs, welfare practices

Question 5. Question : (TCO 5) When designing pay-for-knowledge

programs, which of the following would be considered part of the transition
matters phase?
Student Answer:

Grouping skills

Aligning pay with the knowledge structure

Training
Skill types

Question 6. Question : (TCO 5) Which of the following examples is not

considered as a compensable work activity?
Student Answer:
time.

An employee takes a 15-minute rest during work

An employee attends an employer-mandated training.

A firefighter plays checkers while waiting for an alarm.
An employee travels from home before the regular workday and returns to
his or her home at the end of the workday.

Question 7. Question : (TCO 7) Which performance appraisal error reflects

the tendency to rate every employee at the low end of the rating scale,
regardless of actual performance?
Student Answer:

Negative halo error

Error of central tendency

Contrast errors
Errors of strictness
Question 8. Question : (TCO 7) Which of the following performance
measures corresponds to individual/group/company-wide incentive plans
respectively?
Student Answer:

Customer satisfaction/quantity of work/market share

Customer satisfaction/market share/quality of work

Quantity of work/market share/customer satisfaction
Quality of work output/customer satisfaction/market share

Question 9. Question : (TCO 7) According to the job characteristics theory,

this core characteristic refers to the amount of freedom, independence, and
discretion the employee enjoys in determining how to do the job.
Student Answer:

Feedback

Autonomy
Task identity
Skill variety
Question 10.
Question : (TCO 5) The Americans with Disabilities Act of
1990 (ADA) applies to companies that employ at least how many workers?
Student Answer:

20

15
10
Five
Questin 11. Question : (TCO 5) The term trainee is defined by which act?
Student Answer:

FMLA

FLSA
Equal Pay Act
ADEA
Question 12.
Question : (TCO 5) Compensation diferentials between
men and women performing substantially similar work fall under the purview
of which piece of legislation?
Student Answer:

Equal Pay Act of 1963

Age Discrimination in Employment Act of 1967

Americans with Disabilities Act of 1990

Civil Rights Act of 1964
Questin 13. Question : (TCO 4) Which of the following is true concerning
merit pay programs?
Student Answer:
increases.

Cost-of-living adjustments are considered merit

They are most popular with public sector employers.

Accurate performance appraisals are key to efective programs.
Appraisals are based on objective criteria only.
Question 14.
Question : (TCO 4) Which comparison system requires the
rater to place a specific number of employees into groups that represent the
entire range of performances?
Student Answer:

Forced distribution

Hierarchical
Paired comparison
The critical incident technique
Question 15.
Question : (TCO 4) Management by objectives is one
method of which type of performance appraisal?
Student Answer:

360-degree performance appraisal

Goal-focused system
Goal-oriented system
Behaviorally anchored system

Question 1. Question : (TCO 4) A manager expects high levels of

performance from a newly hired employee. A year later, the manager rates
this employees job performance higher than the actual performance due to
his initial belief. What kind of rater error was made by the manager?
Student Answer:

First-impression efect

Contrast errors
Positive halo efect
Negative halo efect
Question 2. Question : (TCO 4) These are the four core characteristics of the
job characteristics theory.
Student Answer:

Feedback, task variety, skill variety, autonomy

Knowledge, skill identity, autonomy, feedback

Skill variety, task identity, autonomy, feedback
Skill identity, autonomy, task variety, feedback
Question 3. Question : (TCO 4) Teams that have members learn scheduling,
coordinating, training, and leading others are emphasized in what type of
work team?
Student Answer:

Self-regulating work groups

Supervisory work teams

Management teams
Nonsupervised work teams
Question 4. Question : (TCO 4) When a filing clerk is trained to maintain
employee attendance records, it is an example of acquiring which type of
skills?

Student Answer:

Horizontal

Vertical
Depth of
Breadth of
Question 5. Question : (TCO 4) Which person-focused model links pay levels
to increased knowledge and skills within the same general job category?
Student Answer:

Stair-step model

Skill blocks model

job-point accrual model
cross-departmental model
Question 6. Question : (TCO 8) Which gain-sharing program is based on a
labor hour ratio and has a buy-back provision?
Student Answer:

Rucker

Improshare
Scanlon plan
Management incentive plan

Question 7. Question : (TCO 8) These profit-sharing plans award cash to

employees on a quarterly or annual basis as part of their regular
compensation.
Student Answer:

Current profit-sharing plans

Anticipated profit-sharing plans

Deferred profit-sharing plans
Recent profit-sharing plans
Question 8. Question : (TCO 8) Customer satisfaction, labor cost savings,
materials cost savings, and reductions in accidents were listed as typical
performance measures for which type of incentive plan?
Student Answer:

Individual

Group
Companywide
Executive
Question 9. Question : (TCO 2) These two are job evaluation techniques.
Student Answer:

Market based and job context

Market context and job based

Market based and job content
Market context and job content
Question 10.
Question : (TCO 2) Which of the following are critical
components in the job analysis process?
Student Answer:
Selecting and training analysts, choosing a single
versus a multiple job description technique, choosing a job analysis program
Choosing a single versus a multiple job analysis technique, choosing a job
analysis program, writing a job description
Choosing a job analysis program, writing a job description, selecting and
training analysts

Choosing a single versus a multiple job description technique, selecting and

training analysts, writing a job description
Question 11.
Question : (TCO 3) What represents the relationship
between a companys valuation of jobs based on job evaluation and the
valuation of jobs within the external market, as assessed by compensation
surveys?
Student Answer:

Pay range

Pay grade
Market pay line
Market-competitive pay structure
Question 12.
Question : (TCO 3) When examining competitors
compensation oferings, this term is used to describe the percentage of
employer compensation costs that are applied to compensation and benefits.
Student Answer:

Mix

Quartile
Standard percentile
Nominal dollars
Question 13.
Question : (TCO 6) Which pay structure reflects the
increasing organizational trend toward flatter, less hierarchical corporate
structures?
Student Answer:

Two-tier pay structure

Broadbanding
Market-competitive pay structure
Internally consistent pay structure

Question 14.
Question : (TCO 6) If the company adopts a market lag
policy, how will that companys pay range midpoint compare to the market
average?
Student Answer:
average.

The midpoint will be the same as the market

Not enough information to determine

The midpoint will be higher than the market average.
The midpoint will be lower than the market average.
Question 15.
Question : (TCO 8) Which type of individual incentive plan
requires the achievement of multiple complex objectives without
compromising the quality and quantity of output generated by employees?
Student Answer:

Piecework plans

Referral plans
Management incentive plans
Behavior encouragement plans

DeVry HRM 430 Midterm Exam

Click on the link below for the solution:

https://devryfinalexams.com/products/hrm-430midterm-exam/