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Certified Compensation Professional (CCP) C3E .
Certified Compensation Professional (CCP) C3E Valid Test Sample - Quantitative Principles in Compensation Management This is training product that specifically made for IT exam. You never know what you can get till you try. It is universally acknowledged that mock examination is of great significance for those who are preparing for the exam since candidates can find deficiencies of their knowledge as well as their shortcomings in the practice test, so that they can enrich their knowledge before the real C3E Valid Exam Forum exam.
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C3E PDF DEMO:
QUESTION NO: 1
You need 15,000 in two years in order to take that long-awaited and much deserved vacation of your dreams.
You can earn 12% interest, compounded quarterly from your credit union. How much money do you need to set aside now?
A. 11,841.14
B. 10,058.25
C. 11,957.91
D. 12,802.36
Answer: A
QUESTION NO: 2
You have obtained a set of market data that show you senior MIS manager has a market average of 72,000. If you have a 50% range spread, what would the new minimum and maximum be if the new midpoint is 72,000?
A. They cannot be determined from the data given
B. 57,600; 86,400
C. 54,000; 90,000
D. 60,000; 84,000
Answer: B
QUESTION NO: 3
How can compensation professionals ensure their statistical data are not distorted?
A. Develop a plan that provides an objective approach to collecting, organizing and displaying data
B. Distortion of data is commonly accepted as a method for making compelling arguments for change in orgs.
C. Use statistical software, which prevents distortion of data.
D. Avoid training that shows how data can be distorted, as that training might cause one to distort data subconsciously.
Answer: A
QUESTION NO: 4
An executive is hired at 80,000/yr. His is guaranteed a 6,000 salary increase after 6 months.
What % increase is that?
A. 7.5%
B. 6.0%
C. 6.5%
D. 7.0%
Answer: A
QUESTION NO: 5
At 10% investment return, what would be in the same employee's account including investment earnings at the end of the year?
A. 5,940
B. 2,160
C. 8,640
D. 4,400
Answer: D
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Updated: May 27, 2022