HRM 430 Midterm Exam

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    DeVry HRM 430 Midterm Exam 

    Click on the link below for the solution:

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

    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 skillsgenerate 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: Employees

    Line managers

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

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     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 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.

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    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?

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

     programs?

    Student Answer: 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?

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    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 employee’s 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 : (TCO 4) These are the four core characteristics of the jobcharacteristics theory.

    Student Answer: Feedback, task variety, skill variety, autonomy

    Knowledge, skill identity, autonomy, feedback

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     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

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     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

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    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 company’svaluation 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?

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    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

    company’s 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/ 

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