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  • Exam Name: Certified Payroll Professional
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NEW QUESTION: 1
Which of the following is an example of direct compensation?
A. 401(k) matches
B. Variable compensation
C. Vacation pay
D. Employer Social Security contributions
Answer: B
Explanation:
Answer option D is correct.Direct compensation is composed of base pay (hourly wage or salary), variable compensation, and pay for performance. Vacation pay (C), 401(k) matches (B), and employer Social Security contributions (A) are examples of indirect compensation. See Chapter 6 for more information. Chapter: Compensation and Benefits Objective: Total Rewards Defined

NEW QUESTION: 2
Under new Basel rules, what is the meaning of CVA?
A. Call Value Adaption
B. Credit Value Adjustment
C. Credit Value Adaption
D. Counterpart Value Adjustment
Answer: B

NEW QUESTION: 3
What software features are included in the VNX Application Protection Suite?
A. Recoverpoint/SE CRR, Replicator, Mirrorview A/S
B. Replication Manager and Data Protection Advisor for BLOCK Replication
C. Snapview, Snapsure, Recoverpoint/SE CDP
D. Event enabler, File-level Retention, host encryption
Answer: B

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