Question 1

Which of the following is a legally-required employee benefit that employers must provide?

Accepted Answer

A)  Wellness programs 
B)  Unemployment compensation 
C)  Education assistance 
D)  Public-service leave 
A)  Wellness programs 
B)  Unemployment compensation 
C)  Education assistance 
D)  Public-service leave

Question 2

A company that has been providing generous defined benefit pension plans to all its retirees for the past 50 years is now facing bankruptcy and is unable to pay the pension amount. Which of the following statements is true of the given scenario?

Accepted Answer

A)  The PBGC will pay the retiree benefits from the solvency fund. 
B)  The company must decrease the amount of pension payments based on the available amount of money in the pension fund. 
C)  The employees will have to forfeit their pension benefits. 
D)  The company can suspend pension payments until the pension fund has been fully recovered. 
A)  The PBGC will pay the retiree benefits from the solvency fund. 
B)  The company must decrease the amount of pension payments based on the available amount of money in the pension fund. 
C)  The employees will have to forfeit their pension benefits. 
D)  The company can suspend pension payments until the pension fund has been fully recovered.

Question 3

Elaborate on the two main types of retirement benefits.

Accepted Answer

A traditional pension plan is one in whi

Question 4

Which of the following is a disadvantage ofproviding 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 5

_____ typically consists of approaches that monitor and reduce medical costs through restrictions and market system alternatives.

Accepted Answer

A)  Utilization review 
B)  Managed care 
C)  A medical review program 
D)  A medical option plan 
A)  Utilization review 
B)  Managed care 
C)  A medical review program 
D)  A medical option plan

Question 6

Discuss the financial benefits that companies commonly offer their employees.

Accepted Answer

Companies may offer employees a wide ran

Question 7

An employee would have limited access to a company's health plan if the employee's spouse works for another company that offers health insurance.

Accepted Answer

A) True 
 B)False

Question 8

A flexible benefits plan typically_____.

Accepted Answer

A)  allows employees to contribute a percentage of their basic pay to buy benefits in addition to the employer's basic package 
B)  continuously updates the benefit options provided by an employer according to the demands and requirements of employees 
C)  provides flexibility in choosing the time of the year when employees would like to make use of the benefits provided to them 
D)  allows employees to select the benefits they prefer from options established by the employer 
A)  allows employees to contribute a percentage of their basic pay to buy benefits in addition to the employer's basic package 
B)  continuously updates the benefit options provided by an employer according to the demands and requirements of employees 
C)  provides flexibility in choosing the time of the year when employees would like to make use of the benefits provided to them 
D)  allows employees to select the benefits they prefer from options established by the employer

Question 9

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 10

Kenneth, a programmer in the customer service department, took _____ when his father died.

Accepted Answer

A)  paternity leave 
B)  sick leave 
C)  bereavement leave 
D)  jury leave 
A)  paternity leave 
B)  sick leave 
C)  bereavement leave 
D)  jury leave

Question 11

Which of the following is a provision of the Patient Protection and Affordable Care Act?

Accepted Answer

A)  Requires firms with 30 or more employees to provide health care coverage 
B)  Requires only employers to contribute and maintain a minimum essential coverage 
C)  Extends dependent coverage up to age 26 
D)  Eliminates coverage for preventive services 
A)  Requires firms with 30 or more employees to provide health care coverage 
B)  Requires only employers to contribute and maintain a minimum essential coverage 
C)  Extends dependent coverage up to age 26 
D)  Eliminates coverage for preventive services

Question 12

Divorced spouses and dependent children of former or current employees should be offered extended health care coverage under the COBRA.

Accepted Answer

A) True 
 B)False

Question 13

How is the provision of benefits rather than wages advantageous for employees?

Accepted Answer

Providing employees benefits rather than

Question 14

Which of the following is true about the Older Workers Benefit Protection Act (OWBPA)?

Accepted Answer

A)  It has set the maximum retirement age for employees to be eligible for retirements benefits at 60 years. 
B)  The Age Discrimination in Employment Act was enacted in 1990 as an amendment to the OWBPA. 
C)  It sets forth certain conditions that must be met when older workers are offered early retirement. 
D)  The Older Workers Benefit Protection Act did not cover employees in the government sector. 
A)  It has set the maximum retirement age for employees to be eligible for retirements benefits at 60 years. 
B)  The Age Discrimination in Employment Act was enacted in 1990 as an amendment to the OWBPA. 
C)  It sets forth certain conditions that must be met when older workers are offered early retirement. 
D)  The Older Workers Benefit Protection Act did not cover employees in the government sector.

Question 15

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 16

The federal government mandates a minimum of two weeks severance pay for older employees who are asked to retire early.

Accepted Answer

A) True 
 B)False

Question 17

Andy has been asked to report at a war zone to serve as an officer in the army. Which of the following statements is true in the context of the given situation?

Accepted Answer

A)  Andy's employer is required by federal law to pay him the difference between his military pay and his civilian pay. 
B)  Andy's employer is required to give him military leave. But, if Andy has been called for training, he should use his personal vacation days rather than take leave. 
C)  Andy's employer can require him to take three weeks of paid vacation while he is deployed. 
D)  Andy's employer is not required by law to continue to pay him either in total or in part. 
A)  Andy's employer is required by federal law to pay him the difference between his military pay and his civilian pay. 
B)  Andy's employer is required to give him military leave. But, if Andy has been called for training, he should use his personal vacation days rather than take leave. 
C)  Andy's employer can require him to take three weeks of paid vacation while he is deployed. 
D)  Andy's employer is not required by law to continue to pay him either in total or in part.

Question 18

Which of the following is a typical abuse-control measure used by employers to keep employees from taking excessive time off around holidays?

Accepted Answer

A)  Employees are required to work the first and last scheduled workdays around the holiday. 
B)  Only employees with significant seniority are allowed to combine holidays with vacation days to extend the time off. 
C)  Employees are paid extra for working the days immediately following and preceding a holiday. 
D)  Employees are allowed to "bank" holidays and take the banked days off during times when schedules are less busy. 
A)  Employees are required to work the first and last scheduled workdays around the holiday. 
B)  Only employees with significant seniority are allowed to combine holidays with vacation days to extend the time off. 
C)  Employees are paid extra for working the days immediately following and preceding a holiday. 
D)  Employees are allowed to "bank" holidays and take the banked days off during times when schedules are less busy.

Question 19

According to the 1986 amendment to the Age Discrimination in Employment Act (ADEA)_____.

Accepted Answer

A)  most employees cannot be forced to retire at a specific age 
B)  workers should contribute to the defined benefit plans 
C)  equal treatment should be given to older workers in severance situations 
D)  employers can be sued by employees for age discrimination 
A)  most employees cannot be forced to retire at a specific age 
B)  workers should contribute to the defined benefit plans 
C)  equal treatment should be given to older workers in severance situations 
D)  employers can be sued by employees for age discrimination

Question 20

In the U.S., part-time employees are most likely to receive health and life insurance benefits and paid time off and least likely to receive retirement benefits.

Accepted Answer

A) True 
 B)False

Which of the following is a legally-required employee benefit that employers must provide?

A company that has been providing generous defined benefit pension plans to all its retirees for the past 50 years is now facing bankruptcy and is unable to pay the pension amount. Which of the following statements is true of the given scenario?

Elaborate on the two main types of retirement benefits.

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

_____ typically consists of approaches that monitor and reduce medical costs through restrictions and market system alternatives.

Discuss the financial benefits that companies commonly offer their employees.

An employee would have limited access to a company's health plan if the employee's spouse works for another company that offers health insurance.

A flexible benefits plan typically_____.

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

Kenneth, a programmer in the customer service department, took _____ when his father died.

Which of the following is a provision of the Patient Protection and Affordable Care Act?

Divorced spouses and dependent children of former or current employees should be offered extended health care coverage under the COBRA.

How is the provision of benefits rather than wages advantageous for employees?

Which of the following is true about the Older Workers Benefit Protection Act (OWBPA)?

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

The federal government mandates a minimum of two weeks severance pay for older employees who are asked to retire early.

Andy has been asked to report at a war zone to serve as an officer in the army. Which of the following statements is true in the context of the given situation?

Which of the following is a typical abuse-control measure used by employers to keep employees from taking excessive time off around holidays?

According to the 1986 amendment to the Age Discrimination in Employment Act (ADEA)_____.

In the U.S., part-time employees are most likely to receive health and life insurance benefits and paid time off and least likely to receive retirement benefits.

Human Resource Management in Organizations

Human Resources Strategy and Planning

Equal Employment Opportunity

Workforce, Jobs, and Job Analysis

Individual/Organization 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

Union/Management Relations

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Exam 13: Managing Employee Benefits

Which of the following is a legally-required employee benefit that employers must provide?

A company that has been providing generous defined benefit pension plans to all its retirees for the past 50 years is now facing bankruptcy and is unable to pay the pension amount. Which of the following statements is true of the given scenario?

Elaborate on the two main types of retirement benefits.

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

_____ typically consists of approaches that monitor and reduce medical costs through restrictions and market system alternatives.

Discuss the financial benefits that companies commonly offer their employees.

An employee would have limited access to a company's health plan if the employee's spouse works for another company that offers health insurance.

A flexible benefits plan typically_____.

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

Kenneth, a programmer in the customer service department, took _____ when his father died.

Which of the following is a provision of the Patient Protection and Affordable Care Act?

Divorced spouses and dependent children of former or current employees should be offered extended health care coverage under the COBRA.

How is the provision of benefits rather than wages advantageous for employees?

Which of the following is true about the Older Workers Benefit Protection Act (OWBPA)?

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

The federal government mandates a minimum of two weeks severance pay for older employees who are asked to retire early.

Andy has been asked to report at a war zone to serve as an officer in the army. Which of the following statements is true in the context of the given situation?

Which of the following is a typical abuse-control measure used by employers to keep employees from taking excessive time off around holidays?

According to the 1986 amendment to the Age Discrimination in Employment Act (ADEA)_____.

In the U.S., part-time employees are most likely to receive health and life insurance benefits and paid time off and least likely to receive retirement benefits.

Human Resource Management in Organizations

Human Resources Strategy and Planning

Equal Employment Opportunity

Workforce, Jobs, and Job Analysis

Individual/Organization 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

Union/Management Relations

Filters