Question 1

Under the Equal Pay Act of 1963,what are skill,effort,responsibility and working conditions are referred to as? (The Equal Pay Act of 1963)

Accepted Answer

A) Classification factors 
B) Compensable factors 
C) Commendable factors 
D) Performance factors 
A) Classification factors 
B) Compensable factors 
C) Commendable factors 
D) Performance factors

Question 2

Taxes fund programs for which of the following? (The Internal Revenue Code)

Accepted Answer

A) State and local governments 
B) Federal and state governments 
C) Federal, state and local governments 
D) Local governments only 
A) State and local governments 
B) Federal and state governments 
C) Federal, state and local governments 
D) Local governments only

Question 3

Briefly discuss the key provisions of the Pension Protection Act of 2006. (The Pension Protection Act of 2006)

Accepted Answer

Main Points
● Designed to protect employ

Question 4

Workers are classified as key employees if they meet one of which three criteria? (The Internal Revenue Code)

Accepted Answer

A) An officer making over $150,000, an employee who for 2012 is either a 5% owner or 2% owner of the business that makes more than $150,000 
B) An officer making over $165,000, an employee who for 2012 is either a 3% owner or 1% owner of the business that makes more than $150,000 
C) An officer making over $150,000, an employee who for 2012 is either a 5% owner or 1% owner of the business that makes more than $150,000 
D) An officer making over $165,000, an employee who for 2012 is either a 5% owner or 1% owner of the business that makes more than $150,000 
A) An officer making over $150,000, an employee who for 2012 is either a 5% owner or 2% owner of the business that makes more than $150,000 
B) An officer making over $165,000, an employee who for 2012 is either a 3% owner or 1% owner of the business that makes more than $150,000 
C) An officer making over $150,000, an employee who for 2012 is either a 5% owner or 1% owner of the business that makes more than $150,000 
D) An officer making over $165,000, an employee who for 2012 is either a 5% owner or 1% owner of the business that makes more than $150,000

Question 5

COBRA is an amendment to which federal law (Title I: Protection of Employee Rights)?

Accepted Answer

A) IRCA 
B) HIPPA 
C) ERISA 
D) FLSA 
A) IRCA 
B) HIPPA 
C) ERISA 
D) FLSA

Question 6

The U.S.Department of Labor enforces HIPAA. (The Health Insurance Portability and Accountability Act of 1996)

Accepted Answer

A) True 
 B)False

Question 7

According to IRS guidelines,an employer can deduct the costs of their employees' benefits only during the year the benefits were paid. (The Internal Revenue Code)

Accepted Answer

A) True 
 B)False

Question 8

According to the Pregnancy Discrimination Act of 1978,employers must not treat pregnancy less favorably than other conditions covered under employee benefit plans,including health insurance and disability insurance. (The Pregnancy Discrimination Act of 1978)

Accepted Answer

A) True 
 B)False

Question 9

The Americans with Disabilities Act of 1990 pertains to all private sector employees,all government employees and labor unions. (The Americans with Disabilities Act of 1990)

Accepted Answer

A) True 
 B)False

Question 10

Paid time off is a permissive bargaining subject under NLRA provisions. (Labor Unions and Employee Benefits: The National Labor Relations Act of 1935)

Accepted Answer

A) True 
 B)False

Question 11

The Older Workers Benefit Protection Act set limits on the development and implementation of employer early retirement practices. (The Age Discrimination in Employment Act of 1967 (ADEA))

Accepted Answer

A) True 
 B)False

Question 12

This term refers to an unfunded deferred compensation plans for a select group of highly compensated employees? (The Employee Retirement Income Security Act of 1974)

Accepted Answer

A) Top hat plan 
B) Safe harbor plan 
C) Nonqualified plan 
D) Fiduciary plan 
A) Top hat plan 
B) Safe harbor plan 
C) Nonqualified plan 
D) Fiduciary plan

Question 13

Discuss the recent enactment of GINA (2008)and its relevance to benefit plans. (Genetic Information Nondiscrimination Act of 2008)

Accepted Answer

Main Points
● On May 21,2008,Congress en

Question 14

Cliff vesting schedules must grant employees 100% vesting after 3 years of service. (Title I: Protection of Employee Benefits)

Accepted Answer

A) True 
 B)False

Question 15

Patients' consent is required for use and disclosure of health records as of 2003. (The Health Insurance Portability and Accountability Act of 1996)

Accepted Answer

A) True 
 B)False

Question 16

The Equal Pay Act is an amendment of ERISA. (The Equal Pay Act of 1963)

Accepted Answer

A) True 
 B)False

Question 17

The FLSA of 1938,contains provisions concerning which three topics? (The Fair Labor Standards Act of 1938)

Accepted Answer

A) Child labor, working conditions, minimum wage 
B) Minimum wage, overtime pay, child labor 
C) Working conditions, minimum wages, overtime pay 
D) Overtime pay, child labor, working conditions 
A) Child labor, working conditions, minimum wage 
B) Minimum wage, overtime pay, child labor 
C) Working conditions, minimum wages, overtime pay 
D) Overtime pay, child labor, working conditions

Question 18

Title II of GINA restricts the deliberate acquisition of genetic information by employers and others covered by Title II and strictly limits such entities from disclosing genetic information. (Genetic Information Nondiscrimination Act of 2008)

Accepted Answer

A) True 
 B)False

Question 19

According to HIPAA,preexisting condition exclusion can be imposed on health condition if medical advice,diagnosis,care,or treatment was received during the 12 months prior to an employee's enrollment date in the employer's health insurance plan. (The Health Insurance Portability and Accountability Act of 1996)

Accepted Answer

A) True 
 B)False

Question 20

The Federal Unemployment Tax Act is levied against employees to finance unemployment insurance benefits. (The Internal Revenue Code)

Accepted Answer

A) True 
 B)False

Under the Equal Pay Act of 1963,what are skill,effort,responsibility and working conditions are referred to as? (The Equal Pay Act of 1963)

Taxes fund programs for which of the following? (The Internal Revenue Code)

Briefly discuss the key provisions of the Pension Protection Act of 2006. (The Pension Protection Act of 2006)

Workers are classified as key employees if they meet one of which three criteria? (The Internal Revenue Code)

COBRA is an amendment to which federal law (Title I: Protection of Employee Rights)?

The U.S.Department of Labor enforces HIPAA. (The Health Insurance Portability and Accountability Act of 1996)

According to IRS guidelines,an employer can deduct the costs of their employees' benefits only during the year the benefits were paid. (The Internal Revenue Code)

According to the Pregnancy Discrimination Act of 1978,employers must not treat pregnancy less favorably than other conditions covered under employee benefit plans,including health insurance and disability insurance. (The Pregnancy Discrimination Act of 1978)

The Americans with Disabilities Act of 1990 pertains to all private sector employees,all government employees and labor unions. (The Americans with Disabilities Act of 1990)

Paid time off is a permissive bargaining subject under NLRA provisions. (Labor Unions and Employee Benefits: The National Labor Relations Act of 1935)

The Older Workers Benefit Protection Act set limits on the development and implementation of employer early retirement practices. (The Age Discrimination in Employment Act of 1967 (ADEA))

This term refers to an unfunded deferred compensation plans for a select group of highly compensated employees? (The Employee Retirement Income Security Act of 1974)

Discuss the recent enactment of GINA (2008)and its relevance to benefit plans. (Genetic Information Nondiscrimination Act of 2008)

Cliff vesting schedules must grant employees 100% vesting after 3 years of service. (Title I: Protection of Employee Benefits)

Patients' consent is required for use and disclosure of health records as of 2003. (The Health Insurance Portability and Accountability Act of 1996)

The Equal Pay Act is an amendment of ERISA. (The Equal Pay Act of 1963)

The FLSA of 1938,contains provisions concerning which three topics? (The Fair Labor Standards Act of 1938)

Title II of GINA restricts the deliberate acquisition of genetic information by employers and others covered by Title II and strictly limits such entities from disclosing genetic information. (Genetic Information Nondiscrimination Act of 2008)

The Federal Unemployment Tax Act is levied against employees to finance unemployment insurance benefits. (The Internal Revenue Code)

Introducing Employee Benefits

The Psychology and Economics of Employee Benefits

Employer-Sponsored Retirement Plans

Employer-Sponsored Health Insurance Programs

Employer-Sponsored Disability Insurance,life Insurance,and Workers Compensation Programs

Government-Mandated Social Security Programs

Paid Time-Off and Flexible Work Schedules

Accommodation and Enhancement Benefits

Managing the Employee-Benefits System

Nonqualified Deferred Compensation Plans for Executives

Global Employee Benefits at a Glance

Filters

Exam 3: Regulating Employee Benefits

Under the Equal Pay Act of 1963,what are skill,effort,responsibility and working conditions are referred to as? (The Equal Pay Act of 1963)

Taxes fund programs for which of the following? (The Internal Revenue Code)

Briefly discuss the key provisions of the Pension Protection Act of 2006. (The Pension Protection Act of 2006)

Workers are classified as key employees if they meet one of which three criteria? (The Internal Revenue Code)

COBRA is an amendment to which federal law (Title I: Protection of Employee Rights)?

The U.S.Department of Labor enforces HIPAA. (The Health Insurance Portability and Accountability Act of 1996)

According to IRS guidelines,an employer can deduct the costs of their employees' benefits only during the year the benefits were paid. (The Internal Revenue Code)

According to the Pregnancy Discrimination Act of 1978,employers must not treat pregnancy less favorably than other conditions covered under employee benefit plans,including health insurance and disability insurance. (The Pregnancy Discrimination Act of 1978)

The Americans with Disabilities Act of 1990 pertains to all private sector employees,all government employees and labor unions. (The Americans with Disabilities Act of 1990)

Paid time off is a permissive bargaining subject under NLRA provisions. (Labor Unions and Employee Benefits: The National Labor Relations Act of 1935)

The Older Workers Benefit Protection Act set limits on the development and implementation of employer early retirement practices. (The Age Discrimination in Employment Act of 1967 (ADEA))

This term refers to an unfunded deferred compensation plans for a select group of highly compensated employees? (The Employee Retirement Income Security Act of 1974)

Discuss the recent enactment of GINA (2008)and its relevance to benefit plans. (Genetic Information Nondiscrimination Act of 2008)

Cliff vesting schedules must grant employees 100% vesting after 3 years of service. (Title I: Protection of Employee Benefits)

Patients' consent is required for use and disclosure of health records as of 2003. (The Health Insurance Portability and Accountability Act of 1996)

The Equal Pay Act is an amendment of ERISA. (The Equal Pay Act of 1963)

The FLSA of 1938,contains provisions concerning which three topics? (The Fair Labor Standards Act of 1938)

Title II of GINA restricts the deliberate acquisition of genetic information by employers and others covered by Title II and strictly limits such entities from disclosing genetic information. (Genetic Information Nondiscrimination Act of 2008)

The Federal Unemployment Tax Act is levied against employees to finance unemployment insurance benefits. (The Internal Revenue Code)

Introducing Employee Benefits

The Psychology and Economics of Employee Benefits

Employer-Sponsored Retirement Plans

Employer-Sponsored Health Insurance Programs

Employer-Sponsored Disability Insurance,life Insurance,and Workers Compensation Programs

Government-Mandated Social Security Programs

Paid Time-Off and Flexible Work Schedules

Accommodation and Enhancement Benefits

Managing the Employee-Benefits System

Nonqualified Deferred Compensation Plans for Executives

Global Employee Benefits at a Glance

Filters