DeVry HRM 430 Midterm Exam

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Questin 1.
Question :
the human capital theory?

(TCO 1) Which type of compensation program is based, in part, on

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:

Job characteristics theory

Expectancy theory
Equity theory
Human capital theory
Question 3. Question :
(TCO 1) Which constituency group turns to compensation
professionals for advice about setting appropriate pay rates for jobs?
Student Answer:
Line managers

Employees

Unions
Executives
Question 4. Question :
discretionary benefits?

(TCO 1) Which of the following are the three broad categories of

Student Answer:

Welfare practices, services, paid time off

Protection programs, paid time off, services

Paid time off, 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:

An employee takes a 15-minute rest during work time.

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 :

Student Answer:

(TCO 5) The term trainee is defined by which act?

FMLA

FLSA
Equal Pay Act
ADEA
Question 12. Question :
(TCO 5) Compensation differentials 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.
programs?

Question :

Student Answer:

(TCO 4) Which of the following is true concerning merit pay

Cost-of-living adjustments are considered merit increases.

They are most popular with public sector employers.

Accurate performance appraisals are key to effective 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 :
of performance appraisal?

(TCO 4) Management by objectives is one method of which type

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 effect

Contrast errors
Positive halo effect
Negative halo effect
Question 2. Question :
characteristics theory.

(TCO 4) These are the four core characteristics of the job

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 :

analysis process?

(TCO 2) Which of the following are critical components in the job

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 offerings,
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:

The midpoint will be the same as the market average.

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-430-midterm-exam/