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NEW QUESTION: 1
Which of the following best describes the most important criteria when assigning responsibility for specific tasks required in an audit engagement?
A. All audit team members must have the skills necessary to satisfactorily complete any task that will be required in the audit engagement.
B. Auditors must be given assignments based primarily upon their years of experience.
C. All auditors assigned an audit task must have the knowledge and skills necessary to complete the task satisfactorily.
D. Tasks must be assigned to the audit team member who is most qualified to perform them.
Answer: C
NEW QUESTION: 2
What of the following statements defines total rewards?
A. It is the compensation and the benefits a person earns.
B. It is the amount of pay a person earns per hour.
C. It is the compensation a person earns for their time.
D. It is the total amount of pay a person earns per year.
Answer: A
Explanation:
Explanation/Reference:
Answer option D is correct.
Total rewards is the total compensation plus the total benefits a person earns.
Answer option A is incorrect. This isn't a valid definition of total rewards as it is more than just hourly pay.
Answer option B is incorrect. This answer describes just the salary assigned to a person.
Answer option C is incorrect. Total rewards is more than just compensation, it's also the benefits received.
Reference: PHR Exam Prep, Pearson Education, ISBN: 978-0-7897-3677-2. Chapter Six: Total Rewards.
Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US HR Body of Knowledge.
Chapter: Compensation and Benefits
Objective: Total Rewards Defined
NEW QUESTION: 3
A. Option B
B. Option A
C. Option D
D. Option C
Answer: B
NEW QUESTION: 4
A. Option A
B. Option B
C. Option D
D. Option C
Answer: D
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