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SHRM.SHRM-CP.v2023-07-24.q161 Dumps

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Question 156

Which of the following federal agencies is responsible for enforcing corporate governance?

A.SEC
B.EEOC
C.MSHA
D.OFCCP

Correct Answer: A

Explanation: The SEC is responsible for enforcing corporate governance. The EEOC and the OFCCP enforce civil rights laws. MSHA is the Mine Safety and Health Act of 1977, so it is not an enforcing agency. This particular piece of legislation focuses on the specific requirements for mine workers and does not enforce corporate governance in general.

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Question 157

Which of the following is an example of a chemical health hazard?

A.bacterium
B.pesticide
C.fungus
D.virus

Correct Answer: B

Explanation: A pesticide is an example of a chemical health hazard. The other three answer choices are biological health hazards. OSHA requires businesses to maintain safety data sheets related to every chemical found in the workplace. A safety data sheet outlines the components of the substance, as well as its behavior under various conditions. Most importantly, the safety data sheet indicates whether a chemical is harmful when absorbed, inhaled, or ingested, and how these dangers may be mitigated or avoided.

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Question 158

Which of the following is a consequence of the SarbanesOxley Act?

A.Employees may trade stock during pension fund blackout periods.
B.Companies are allowed to conduct their own stock appraisal.
C.CEOs may be punished for fraudulent financial reports.
D.Audit partners must alternate every two years.

Correct Answer: C

Explanation: One consequence of the SarbanesOxley Act is that CEOs may be punished for fraudulent financial reports. This act was passed in 2002 after several large corporations, most notably Enron, collapsed under the weight of unethical accounting and executive mismanagement. The intention of the SarbanesOxley Act was to make top officials culpable for dishonest and reckless accounting. The act explicitly forbade employees from trading stocks during pension fund blackout periods, and asserted that companies must have their stock appraised by a certified external organization. The act also declared that audit partner assignments must alternate every five years.

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Question 159

All of the following would be legally considered unfair labor practices for an employer except

A.Entering into positional bargaining with the employee union
B.Entering into a hot cargo agreement with the employee union
C.Taking disciplinary action against those who participate in unions
D.Declining to enter into a bargain with the employee union

Correct Answer: A

Explanation: Positional bargaining is one among many bargaining options for employers, and entering into positional bargaining is not considered to be an unfair labor practice. However, entering into a hot cargo agreement with the union, taking disciplinary actions against those who participate in unions, and declining to enter into a bargain with the employee union may be considered unfair labor practices for employers.

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Question 160

Children as young as the age indicated in question 115 may work in all of the following types of jobs except:

A.Farming
B.Retail
C.Technical
D.Administrative

Correct Answer: A

Explanation: Children as young as 14 may work in retail, as well as technical and administrative positions (assuming the children in question have the skills/knowledge for such jobs). They may not, however, work in farm jobs; these are reserved for children of at least 16.

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