Practice CECP Exam Online

Question 1

Regarding presentations to executives, which of the following is most accurate?

A : Keep them brief

B : Use multiple media

C : Include all details related to the issue

D : Leave backup data out of the presentation so there is time to develop an effective response to unexpected questions

Answer: A

Question 2

What best describes an effective core technique for communicating with executives?

A : Focus on negative issues first, such as compensation costs exceeding budget, to get their attention

B : Provide a wide range of facts and figures. With their high level of responsibility, executives must have all the data before they can make informed decisions.

C : Assume they have little knowledge of the issue and make a detailed presentation leading up to the purpose of the meeting.

D : Recommend a solution that will solve the issue and explain why it is the best solution available.

Answer: D

Question 3

To ensure appropriate funding levels, the compensation professional must generally do which of the following?

A : Possess a high level of education and competency in accounting principles

B : Determine which programs are crucial to the enterprise and which programs are expendable

C : Partner with multiple departments and external consultants and vendors

D : Demonstrate broad understanding of principles of financial management and business expertise

Answer: D

Question 4

A fine jewelry chain distinguishes itself from the competition by focusing on carefully selected customers and building bonds to meet or exceed their needs and expectations. What strategy is this company using?

A : Operational excellence

B : Product/service leadership

C : Customer intimacy

D : Brand loyalty

Answer: C

Question 5

Which of the following is the best example of applying business executive to data analysis?

A : Compiling data needed to calculate salary budgets and merit increases

B : Identifying trends and key messages emerging over time

C : Reviewing historical trends to complete annual budgets

D : Providing quarterly incentive estimates for accruals

Answer: B

Name:	Certified Executive Compensation Professional
Exam Code:	CECP
Certification:	Certified Executive Compensation Professional
Vendor:	WorldatWork
Total Questions:	101
Last Updated:	Apr 24, 2024

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