Question 1

Which of the following types of workers are generally NOT covered by workers' compensation?

Accepted Answer

A)  State government employees 
B)  Private sector employees 
C)  Railroad workers 
D)  Farm workers 
A)  State government employees 
B)  Private sector employees 
C)  Railroad workers 
D)  Farm workers

Question 2

What are the eligibility requirements for unemployment insurance?

Accepted Answer

All workers except a few agricultural an

Question 3

A 401(k)is an example of a defined benefit plan.

Accepted Answer

A) True 
 B)False

Question 4

Workers' compensation is covered by federal laws.

Accepted Answer

A) True 
 B)False

Question 5

What is the purpose of the HIPAA?

Accepted Answer

The 1996 Health Insurance Portability an

Question 6

An employer experiencing high turnover and seeking to reduce pension cost is likely to prefer:

Accepted Answer

A)  full vesting after three years. 
B)  full vesting after six years. 
C)  full vesting after seven years. 
D)  partial vesting after two years. 
A)  full vesting after three years. 
B)  full vesting after six years. 
C)  full vesting after seven years. 
D)  partial vesting after two years.

Question 7

A health maintenance organization (HMO)pulls together a group of providers willing to provide services at an agreed upon rate in exchange for employers:

Accepted Answer

A)  limiting employees to these providers for health services. 
B)  paying 30 percent of employee salary to the HMO. 
C)  laying off all contingent workers who are not eligible for insurance. 
D)  providing free child care assistance to employees. 
A)  limiting employees to these providers for health services. 
B)  paying 30 percent of employee salary to the HMO. 
C)  laying off all contingent workers who are not eligible for insurance. 
D)  providing free child care assistance to employees.

Question 8

All employers with less than 20 employees must comply with the Consolidated Omnibus Budget Reconciliation Act.

Accepted Answer

A) True 
 B)False

Question 9

The majority of defined benefit plans calculate average earnings over the last _____ years of service for a prospective retiree.

Accepted Answer

A)  2 to 4 
B)  3 to 5 
C)  6 to 8 
D)  7 to 9 
A)  2 to 4 
B)  3 to 5 
C)  6 to 8 
D)  7 to 9

Question 10

Some level of dental coverage is provided by about _____ percent of all employers with above 500 employees.

Accepted Answer

A)  30 
B)  60 
C)  11 
D)  85 
A)  30 
B)  60 
C)  11 
D)  85

Question 11

The rising costs of Social Security have been covered by:

Accepted Answer

A)  increases in the maximum earnings base and the rate at which that base is taxed. 
B)  reduction in Social Security benefits by providing market-driven options. 
C)  progressive reduction in the coverage. 
D)  welfare grants and annual supplements from Congress. 
A)  increases in the maximum earnings base and the rate at which that base is taxed. 
B)  reduction in Social Security benefits by providing market-driven options. 
C)  progressive reduction in the coverage. 
D)  welfare grants and annual supplements from Congress.

Question 12

An employee who changes jobs four or more times during his or her career will likely receive a pension approximately _____ as that of an employee whose working career is spent with one employer,assuming that both employees have the same starting salary and receive annual increases equal to inflation rate.

Accepted Answer

A)  twice as large 
B)  the same size 
C)  one-fourth the size 
D)  half the size 
A)  twice as large 
B)  the same size 
C)  one-fourth the size 
D)  half the size

Question 13

Most employers prefer defined contribution pension plans to defined benefit plans.

Accepted Answer

A) True 
 B)False

Question 14

Jim was a full-time student for four years,but he could not find a job after graduating.Jim is eligible to collect unemployment insurance.

Accepted Answer

A) True 
 B)False

Question 15

An eligible unemployed person may now collect unemployment insurance benefits for 36 weeks in most states.

Accepted Answer

A) True 
 B)False

Which of the following types of workers are generally NOT covered by workers' compensation?

What are the eligibility requirements for unemployment insurance?

A 401(k)is an example of a defined benefit plan.

Workers' compensation is covered by federal laws.

What is the purpose of the HIPAA?

An employer experiencing high turnover and seeking to reduce pension cost is likely to prefer:

A health maintenance organization (HMO)pulls together a group of providers willing to provide services at an agreed upon rate in exchange for employers:

All employers with less than 20 employees must comply with the Consolidated Omnibus Budget Reconciliation Act.

The majority of defined benefit plans calculate average earnings over the last _____ years of service for a prospective retiree.

Some level of dental coverage is provided by about _____ percent of all employers with above 500 employees.

The rising costs of Social Security have been covered by:

Most employers prefer defined contribution pension plans to defined benefit plans.

Jim was a full-time student for four years,but he could not find a job after graduating.Jim is eligible to collect unemployment insurance.

An eligible unemployed person may now collect unemployment insurance benefits for 36 weeks in most states.

The Pay Model

Strategy: The Totality of Decisions

Defining Internal Alignment

Job Analysis

Job-Based Structures and Job Evaluation

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, Mix, and Pay

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

The Benefit Determination Process

Compensation of Special Groups

Union Role in Wage and Salary Administration

International Pay Systems

Government and Legal Issues in Compensation

Management: Making It Work

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Exam 13: Benefit Options

Which of the following types of workers are generally NOT covered by workers' compensation?

What are the eligibility requirements for unemployment insurance?

A 401(k)is an example of a defined benefit plan.

Workers' compensation is covered by federal laws.

What is the purpose of the HIPAA?

An employer experiencing high turnover and seeking to reduce pension cost is likely to prefer:

A health maintenance organization (HMO)pulls together a group of providers willing to provide services at an agreed upon rate in exchange for employers:

All employers with less than 20 employees must comply with the Consolidated Omnibus Budget Reconciliation Act.

The majority of defined benefit plans calculate average earnings over the last _____ years of service for a prospective retiree.

Some level of dental coverage is provided by about _____ percent of all employers with above 500 employees.

The rising costs of Social Security have been covered by:

Most employers prefer defined contribution pension plans to defined benefit plans.

Jim was a full-time student for four years,but he could not find a job after graduating.Jim is eligible to collect unemployment insurance.

An eligible unemployed person may now collect unemployment insurance benefits for 36 weeks in most states.

The Pay Model

Strategy: The Totality of Decisions

Defining Internal Alignment

Job Analysis

Job-Based Structures and Job Evaluation

Person-Based Structures

Defining Competitiveness

Designing Pay Levels, Mix, and Pay

Pay-For-Performance: the Evidence

Pay-For-Performance Plans

Performance Appraisals

The Benefit Determination Process

Compensation of Special Groups

Union Role in Wage and Salary Administration

International Pay Systems

Government and Legal Issues in Compensation

Management: Making It Work

Filters