Question 1

Benefits can help employers get branded as "best employers."

Accepted Answer

A) True 
 B)False  True

Question 2

Employers are increasingly using healthcare spending accounts to cover employee benefits.

Accepted Answer

A) True 
 B)False  True

Question 3

It would be desirable for employers to enlist employee participation in modifying a benefits program.

Accepted Answer

A) True 
 B)False  True

Question 4

A predetermined formula is used to calculate retirement benefits under what type of benefit plan?

Accepted Answer

A)  a defined benefit plan 
B)  a defined contribution plan 
C)  a specified benefit plan 
D)  a non-specified benefit plan 
A)  a defined benefit plan 
B)  a defined contribution plan 
C)  a specified benefit plan 
D)  a non-specified benefit plan

Question 5

The growth in health care costs can be attributed to a number of factors, including the greater need for health care by an aging population.

Accepted Answer

A) True 
 B)False

Question 6

Ideally, which of the following should apply to an organization's benefits system?

Accepted Answer

A)  It should mirror that of the competition, so as to attract top applicants. 
B)  It should be restricted to mandatory benefits. 
C)  It should be aligned to the overall strategy of the organization. 
D)  It should be more than 50 percent of payroll costs, so as to be competitive. 
A)  It should mirror that of the competition, so as to attract top applicants. 
B)  It should be restricted to mandatory benefits. 
C)  It should be aligned to the overall strategy of the organization. 
D)  It should be more than 50 percent of payroll costs, so as to be competitive.

Question 7

Tommy Lee is recovering from a drug addiction problem. His employer has offered him services to help him with the recovery process. What is this service an example of?

Accepted Answer

A)  an employee assistance program 
B)  an outplacement service 
C)  a defined-benefit plan 
D)  a defined contribution plan 
A)  an employee assistance program 
B)  an outplacement service 
C)  a defined-benefit plan 
D)  a defined contribution plan

Question 8

Severance pay is a one-time payment to employees who have been terminated.

Accepted Answer

A) True 
 B)False

Question 9

Many employers now offer additional health care benefits such as dental and prescription drug coverage.

Accepted Answer

A) True 
 B)False

Question 10

"Payment for time not worked" includes pension.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is a method to contain the costs of benefits?

Accepted Answer

A)  making contribution changes, such as deductibles 
B)  eliminating benefit caps 
C)  increasing benefits coverage 
D)  making cuts to mandatory benefits 
A)  making contribution changes, such as deductibles 
B)  eliminating benefit caps 
C)  increasing benefits coverage 
D)  making cuts to mandatory benefits

Question 12

Workers' compensation insurance is based on a system of individual liability.

Accepted Answer

A) True 
 B)False

Question 13

Employee assistance programs (EAPs) help employees mainly with relocation costs.

Accepted Answer

A) True 
 B)False

Question 14

In a defined-contribution pension plan, the amount an employee is to receive upon retirement is specifically set forth.

Accepted Answer

A) True 
 B)False

Question 15

CPP and QPP have universal portability-that is, an employee has the right to claim benefit credits wherever they are employed in Canada.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is related to the recent use of employee assistance programs (EAPs) in Canada?

Accepted Answer

A)  They are increasing in use. 
B)  They are decreasing in use. 
C)  They add no costs to the employer. 
D)  They are not geared for dealing with emotional problems. 
A)  They are increasing in use. 
B)  They are decreasing in use. 
C)  They add no costs to the employer. 
D)  They are not geared for dealing with emotional problems.

Question 17

Which of the following benefits must be provided by employers in Canada because it is legally required?

Accepted Answer

A)  dental benefits 
B)  employment insurance 
C)  vision care 
D)  out-of-country medical assistance 
A)  dental benefits 
B)  employment insurance 
C)  vision care 
D)  out-of-country medical assistance

Question 18

How are childcare programs and eldercare programs similar?

Accepted Answer

A)  Under both programs, most of the caregivers are men. 
B)  Both types of programs typically offer on-site care facilities. 
C)  Both programs are on the decline in Canada. 
D)  Both programs help to maintain or increase employee productivity. 
A)  Under both programs, most of the caregivers are men. 
B)  Both types of programs typically offer on-site care facilities. 
C)  Both programs are on the decline in Canada. 
D)  Both programs help to maintain or increase employee productivity.

Question 19

Which of the following is the best explanation of the increasing cost of employee benefits?

Accepted Answer

A)  the rising educational levels of the workforce 
B)  the treatment of employees' benefits as strategic 
C)  the use of online, interactive benefits programs 
D)  employers trying to match the competition 
A)  the rising educational levels of the workforce 
B)  the treatment of employees' benefits as strategic 
C)  the use of online, interactive benefits programs 
D)  employers trying to match the competition

Question 20

Bob Jones was recently permanently laid off. His company, ACME Manufacturing, has issued Bob a cheque that represents one month's pay for every year Bob worked at ACME. What does this cheque represent?

Accepted Answer

A)  Bob's unused vacation pay 
B)  Bob's unused benefits 
C)  Bob's unused sick leave 
D)  Bob's severance pay 
A)  Bob's unused vacation pay 
B)  Bob's unused benefits 
C)  Bob's unused sick leave 
D)  Bob's severance pay

Benefits can help employers get branded as "best employers."

Employers are increasingly using healthcare spending accounts to cover employee benefits.

It would be desirable for employers to enlist employee participation in modifying a benefits program.

A predetermined formula is used to calculate retirement benefits under what type of benefit plan?

The growth in health care costs can be attributed to a number of factors, including the greater need for health care by an aging population.

Ideally, which of the following should apply to an organization's benefits system?

Tommy Lee is recovering from a drug addiction problem. His employer has offered him services to help him with the recovery process. What is this service an example of?

Severance pay is a one-time payment to employees who have been terminated.

Many employers now offer additional health care benefits such as dental and prescription drug coverage.

"Payment for time not worked" includes pension.

Which of the following is a method to contain the costs of benefits?

Workers' compensation insurance is based on a system of individual liability.

Employee assistance programs (EAPs) help employees mainly with relocation costs.

In a defined-contribution pension plan, the amount an employee is to receive upon retirement is specifically set forth.

CPP and QPP have universal portability-that is, an employee has the right to claim benefit credits wherever they are employed in Canada.

Which of the following is related to the recent use of employee assistance programs (EAPs) in Canada?

Which of the following benefits must be provided by employers in Canada because it is legally required?

How are childcare programs and eldercare programs similar?

Which of the following is the best explanation of the increasing cost of employee benefits?

Bob Jones was recently permanently laid off. His company, ACME Manufacturing, has issued Bob a cheque that represents one month's pay for every year Bob worked at ACME. What does this cheque represent?

The World of Human Resources Management

Strategy and Human Resources Planning

Equity and Diversity in Human Resources Management

Job Analysis and Work Design

Expanding the Talent Pool: Recruitment and Careers

Employee Selection

Training and Development

Performance Management

Managing Compensation

Pay for Performance: Incentive Rewards

Promoting Safety and Health

Employee Rights and Discipline

The Dynamics of Labour Relations

International Human Resources Management

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Exam 11: Employee Benefits

Benefits can help employers get branded as "best employers."

Employers are increasingly using healthcare spending accounts to cover employee benefits.

It would be desirable for employers to enlist employee participation in modifying a benefits program.

A predetermined formula is used to calculate retirement benefits under what type of benefit plan?

The growth in health care costs can be attributed to a number of factors, including the greater need for health care by an aging population.

Ideally, which of the following should apply to an organization's benefits system?

Tommy Lee is recovering from a drug addiction problem. His employer has offered him services to help him with the recovery process. What is this service an example of?

Severance pay is a one-time payment to employees who have been terminated.

Many employers now offer additional health care benefits such as dental and prescription drug coverage.

"Payment for time not worked" includes pension.

Which of the following is a method to contain the costs of benefits?

Workers' compensation insurance is based on a system of individual liability.

Employee assistance programs (EAPs) help employees mainly with relocation costs.

In a defined-contribution pension plan, the amount an employee is to receive upon retirement is specifically set forth.

CPP and QPP have universal portability-that is, an employee has the right to claim benefit credits wherever they are employed in Canada.

Which of the following is related to the recent use of employee assistance programs (EAPs) in Canada?

Which of the following benefits must be provided by employers in Canada because it is legally required?

How are childcare programs and eldercare programs similar?

Which of the following is the best explanation of the increasing cost of employee benefits?

Bob Jones was recently permanently laid off. His company, ACME Manufacturing, has issued Bob a cheque that represents one month's pay for every year Bob worked at ACME. What does this cheque represent?

The World of Human Resources Management

Strategy and Human Resources Planning

Equity and Diversity in Human Resources Management

Job Analysis and Work Design

Expanding the Talent Pool: Recruitment and Careers

Employee Selection

Training and Development

Performance Management

Managing Compensation

Pay for Performance: Incentive Rewards

Promoting Safety and Health

Employee Rights and Discipline

The Dynamics of Labour Relations

International Human Resources Management

Filters