Question 1

What are employee-paid group benefits?

Accepted Answer

To combat the high cost of benefit progr

Question 2

According to the Patient Protection and Affordable Care Act, enrollment in health coverage is mandatory for every citizen.

Accepted Answer

A) True 
 B)False

Question 3

The Family and Medical Leave Act of 1993 requires that employers allow eligible employees to take a maximum of _____ during any 12-month period.

Accepted Answer

A)  12 weeks of paid leave 
B)  24 weeks of paid leave 
C)  12 weeks of unpaid leave 
D)  24 weeks of unpaid leave 
A)  12 weeks of paid leave 
B)  24 weeks of paid leave 
C)  12 weeks of unpaid leave 
D)  24 weeks of unpaid leave

Question 4

Increases in employer expenditures for benefits are growing faster than increases in wages for employees.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is a disadvantage of providing flexibility in benefit choice?

Accepted Answer

A)  The flexible benefits plans do not cover higher-risk employees. 
B)  There is a risk that employees may choose an inappropriate benefits package. 
C)  The flexible benefits plans are typically discriminatory in nature. 
D)  There is a risk that these plans would increase the attrition rate. 
A)  The flexible benefits plans do not cover higher-risk employees. 
B)  There is a risk that employees may choose an inappropriate benefits package. 
C)  The flexible benefits plans are typically discriminatory in nature. 
D)  There is a risk that these plans would increase the attrition rate.

Question 6

Organizations rarely view benefits as an effective retention tool because employees generally have very little understanding of the benefits provided by their employers.

Accepted Answer

A) True 
 B)False

Question 7

Workers in the private sector are far more likely to have a defined benefit plan than workers in the public sector.

Accepted Answer

A) True 
 B)False

Question 8

Why do companies outsource benefits administration?

Accepted Answer

With the myriad of benefits, many organi

Question 9

A pension plan in which retirement benefits are based on the accumulation of annual company contributions plus interest credited each year is called a(n) _____ plan.

Accepted Answer

A)  auto-enrollment 
B)  defined benefit 
C)  cash balance 
D)  defined contribution 
A)  auto-enrollment 
B)  defined benefit 
C)  cash balance 
D)  defined contribution

Question 10

Increasing the retirement age for employees is a strategy to keep the Social Security program insolvent.

Accepted Answer

A) True 
 B)False

Question 11

What are the requirements of the Consolidated Omnibus Budget Reconciliation Act (COBRA) with respect to health care?

Accepted Answer

A)  Employers with more than 50 employees must provide medical insurance for all full-time employees. 
B)  Most employers with 20 or more employees must offer extended health care coverage to certain groups of employees after they leave the organization. 
C)  Widowed or divorced spouses and dependent children of former or current employees need not be offered health care coverage. 
D)  Employees who are terminated need not be offered health care coverage. 
A)  Employers with more than 50 employees must provide medical insurance for all full-time employees. 
B)  Most employers with 20 or more employees must offer extended health care coverage to certain groups of employees after they leave the organization. 
C)  Widowed or divorced spouses and dependent children of former or current employees need not be offered health care coverage. 
D)  Employees who are terminated need not be offered health care coverage.

Question 12

_____ is the federal law that ensures the privacy of employee medical records.

Accepted Answer

A)  HIPAA 
B)  ADEA 
C)  ERISA 
D)  FMLA 
A)  HIPAA 
B)  ADEA 
C)  ERISA 
D)  FMLA

Question 13

An employee who is out of work and actively looking for employment can receive up to 26 weeks of pay through unemployment compensation.

Accepted Answer

A) True 
 B)False

Question 14

Defined contribution pension plans offer greater security to employees because these benefits are guaranteed by the Pension Benefit Guaranty Corporation (PBGC).

Accepted Answer

A) True 
 B)False

Question 15

Unpaid leaves of absence generally do not cost the firm much beyond continued benefits for the employee on leave.

Accepted Answer

A) True 
 B)False

Question 16

What are the family oriented benefits offered by employers? Which of these are mandated by the federal government?

Accepted Answer

FMLA mandates up to 12 weeks unpaid leav

Question 17

Employee benefits can be constructively viewed as a(n):

Accepted Answer

A)  intangible plan that does not affect the costs borne by a company. 
B)  government-mandated instrument. 
C)  cultural necessity. 
D)  tool for competitive advantage. 
A)  intangible plan that does not affect the costs borne by a company. 
B)  government-mandated instrument. 
C)  cultural necessity. 
D)  tool for competitive advantage.

Question 18

Medicare is the health insurance program that was implemented by the government in 1965 to provide medical care primarily for:

Accepted Answer

A)  disabled workers. 
B)  government employees. 
C)  people over the age of 65. 
D)  cancer patients. 
A)  disabled workers. 
B)  government employees. 
C)  people over the age of 65. 
D)  cancer patients.

Question 19

How do insurance plans offered by employers benefit employees even when employers do not pay any of the costs?

Accepted Answer

A)  Companies that do not contribute to insurance costs must offer special benefits instead. 
B)  Employees are offered insurance plans at lower rates through group programs. 
C)  Employers, though they appear to have no costs, make some indirect legal contribution. 
D)  The amount paid by employees are tax-free only when employers make no contribution. 
A)  Companies that do not contribute to insurance costs must offer special benefits instead. 
B)  Employees are offered insurance plans at lower rates through group programs. 
C)  Employers, though they appear to have no costs, make some indirect legal contribution. 
D)  The amount paid by employees are tax-free only when employers make no contribution.

Question 20

Clara, a receptionist, goes to work despite being sick to earn extra pay for not taking any sick leave. The extra pay she'll receive is called:

Accepted Answer

A)  sick leave rebate. 
B)  benefit pay. 
C)  well pay. 
D)  sick-leave pay. 
A)  sick leave rebate. 
B)  benefit pay. 
C)  well pay. 
D)  sick-leave pay.

What are employee-paid group benefits?

According to the Patient Protection and Affordable Care Act, enrollment in health coverage is mandatory for every citizen.

The Family and Medical Leave Act of 1993 requires that employers allow eligible employees to take a maximum of _____ during any 12-month period.

Increases in employer expenditures for benefits are growing faster than increases in wages for employees.

Which of the following is a disadvantage of providing flexibility in benefit choice?

Organizations rarely view benefits as an effective retention tool because employees generally have very little understanding of the benefits provided by their employers.

Workers in the private sector are far more likely to have a defined benefit plan than workers in the public sector.

Why do companies outsource benefits administration?

A pension plan in which retirement benefits are based on the accumulation of annual company contributions plus interest credited each year is called a(n) _____ plan.

Increasing the retirement age for employees is a strategy to keep the Social Security program insolvent.

What are the requirements of the Consolidated Omnibus Budget Reconciliation Act (COBRA) with respect to health care?

_____ is the federal law that ensures the privacy of employee medical records.

An employee who is out of work and actively looking for employment can receive up to 26 weeks of pay through unemployment compensation.

Defined contribution pension plans offer greater security to employees because these benefits are guaranteed by the Pension Benefit Guaranty Corporation (PBGC).

Unpaid leaves of absence generally do not cost the firm much beyond continued benefits for the employee on leave.

What are the family oriented benefits offered by employers? Which of these are mandated by the federal government?

Employee benefits can be constructively viewed as a(n):

Medicare is the health insurance program that was implemented by the government in 1965 to provide medical care primarily for:

How do insurance plans offered by employers benefit employees even when employers do not pay any of the costs?

Clara, a receptionist, goes to work despite being sick to earn extra pay for not taking any sick leave. The extra pay she'll receive is called:

Human Resource Management in Organizations

Human Resources Strategy and Planning

Equal Employment Opportunity

Workforce, Jobs, and Job Analysis

Individualorganization Relations and Retention

Recruiting and Labor Markets

Selecting Human Resources

Training Human Resources

Talent, Careers, and Development

Performance Management and Appraisal

Total Rewards and Compensation

Variable Pay and Executive Compensation

Risk Management and Worker Protection

Employee Rights and Responsibilities

Unionmanagement Relations

Filters

Exam 13: Managing Employee Benefits

What are employee-paid group benefits?

According to the Patient Protection and Affordable Care Act, enrollment in health coverage is mandatory for every citizen.

The Family and Medical Leave Act of 1993 requires that employers allow eligible employees to take a maximum of _____ during any 12-month period.

Increases in employer expenditures for benefits are growing faster than increases in wages for employees.

Which of the following is a disadvantage of providing flexibility in benefit choice?

Organizations rarely view benefits as an effective retention tool because employees generally have very little understanding of the benefits provided by their employers.

Workers in the private sector are far more likely to have a defined benefit plan than workers in the public sector.

Why do companies outsource benefits administration?

A pension plan in which retirement benefits are based on the accumulation of annual company contributions plus interest credited each year is called a(n) _____ plan.

Increasing the retirement age for employees is a strategy to keep the Social Security program insolvent.

What are the requirements of the Consolidated Omnibus Budget Reconciliation Act (COBRA) with respect to health care?

_____ is the federal law that ensures the privacy of employee medical records.

An employee who is out of work and actively looking for employment can receive up to 26 weeks of pay through unemployment compensation.

Defined contribution pension plans offer greater security to employees because these benefits are guaranteed by the Pension Benefit Guaranty Corporation (PBGC).

Unpaid leaves of absence generally do not cost the firm much beyond continued benefits for the employee on leave.

What are the family oriented benefits offered by employers? Which of these are mandated by the federal government?

Employee benefits can be constructively viewed as a(n):

Medicare is the health insurance program that was implemented by the government in 1965 to provide medical care primarily for:

How do insurance plans offered by employers benefit employees even when employers do not pay any of the costs?

Clara, a receptionist, goes to work despite being sick to earn extra pay for not taking any sick leave. The extra pay she'll receive is called:

Human Resource Management in Organizations

Human Resources Strategy and Planning

Equal Employment Opportunity

Workforce, Jobs, and Job Analysis

Individualorganization Relations and Retention

Recruiting and Labor Markets

Selecting Human Resources

Training Human Resources

Talent, Careers, and Development

Performance Management and Appraisal

Total Rewards and Compensation

Variable Pay and Executive Compensation

Risk Management and Worker Protection

Employee Rights and Responsibilities

Unionmanagement Relations

Filters