Administering budgets is an example of what key competency for compensation professionals?

Answer(s): A

"Cost-benefit thinking" is most useful in the context of financial management for purposes of what?

Answer(s): C

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

Possess a high level of education and competency in accounting principles
Determine which programs are crucial to the enterprise and which programs are expendable
Partner with multiple departments and external consultants and vendors
Demonstrate broad understanding of principles of financial management and business expertise

Answer(s): D