Question 1

Which of the following statements is TRUE?

Accepted Answer

A)  Anti-discrimination laws require that part-time employees must receive benefits if the company offers full-time employees benefits. 
B)  Employers are required to provide part-time employees government-mandated benefits, but other benefits are voluntary for the employer. 
C)  Part-time employees are typically not interested in benefits because they are usually covered by a spouse's or parents' insurance policies. 
D)  Most employers provide part-time employees pro-rated medical benefits, but no time-off benefits because these employees already work a reduced schedule. 
A)  Anti-discrimination laws require that part-time employees must receive benefits if the company offers full-time employees benefits. 
B)  Employers are required to provide part-time employees government-mandated benefits, but other benefits are voluntary for the employer. 
C)  Part-time employees are typically not interested in benefits because they are usually covered by a spouse's or parents' insurance policies. 
D)  Most employers provide part-time employees pro-rated medical benefits, but no time-off benefits because these employees already work a reduced schedule.

Question 2

____ is the main federal legislation providing privacy rights regarding employee medical records.

Accepted Answer

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

Question 3

How can employers improve employees understanding of and appreciation of their benefits?

Accepted Answer

On the whole,employees know little about

Question 4

The Health Insurance Portability and Accountability Act (HIPAA)requires

Accepted Answer

A)  employers with more than 50 employees provide medical insurance for all full-time employees. 
B)  employers to offer health coverage to contingent workers if the workers pay 102% of the employer's cost. 
C)  that most employers offer extended health-care coverage to employees after they leave the organization. 
D)  that most employees be able to switch their health insurance from one company to another to get new health coverage, regardless of pre-existing conditions. 
A)  employers with more than 50 employees provide medical insurance for all full-time employees. 
B)  employers to offer health coverage to contingent workers if the workers pay 102% of the employer's cost. 
C)  that most employers offer extended health-care coverage to employees after they leave the organization. 
D)  that most employees be able to switch their health insurance from one company to another to get new health coverage, regardless of pre-existing conditions.

Question 5

A "personal statement of benefits"

Accepted Answer

A)  is the annual benefits report from employers to employees required by ERISA. 
B)  shows each employee how much his/her benefits are worth in dollars. 
C)  is a tool that allows employees to choose the type of benefits that best fits their personal needs. 
D)  is given to an employee upon termination so that he/she is knowledgeable about COBRA, severance pay, unemployment compensation, and other continuing benefits. 
A)  is the annual benefits report from employers to employees required by ERISA. 
B)  shows each employee how much his/her benefits are worth in dollars. 
C)  is a tool that allows employees to choose the type of benefits that best fits their personal needs. 
D)  is given to an employee upon termination so that he/she is knowledgeable about COBRA, severance pay, unemployment compensation, and other continuing benefits.

Question 6

The complexity of the unemployment compensation system and the stigma attached to receiving unemployment compensation mean that most of the people qualified to receive unemployment compensation never actually apply for or receive the unemployment compensation to which they are entitled.

Accepted Answer

A) True 
 B)False

Question 7

The director of HR for MCTF Industries is measuring the effectiveness of the benefits at MCTF.She will need to calculate all of the following measures EXCEPT

Accepted Answer

A)  benefits as a percentage of payroll over multiple years. 
B)  total cost of benefits compared with total cost of benefits of its main competitors. 
C)  benefits costs per employee group. 
D)  health care costs per participating employee. 
A)  benefits as a percentage of payroll over multiple years. 
B)  total cost of benefits compared with total cost of benefits of its main competitors. 
C)  benefits costs per employee group. 
D)  health care costs per participating employee.

Question 8

Karen is diabetic.She quit her job as an internal auditor with a bank and two months later found a job as the assistant CFO for a chain of grocery stores.The law that allows Karen to switch her health insurance plan from her former employer to her new employer to get new health insurance that covers her diabetes is

Accepted Answer

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

Question 9

Since the typical employee has only a vague understanding of the benefits provided by his/her employer,organizations rarely view benefits as an effective retention tool.

Accepted Answer

A) True 
 B)False

Question 10

Gertie is an HR consultant who has been hired to advise a medium-sized company on how to use HR technology to make benefits administration less expensive.Gertie is amazed to find that the company's present HR system is entirely pencil-and-paper.In Gertie's discussions with the HR manager,she indicates that the greatest increase in use of technology by other companies is in

Accepted Answer

A)  Web-based benefits enrollment. 
B)  conducting employee surveys. 
C)  monitoring usage of health benefits. 
D)  calculating and monitoring paid-time-off. 
A)  Web-based benefits enrollment. 
B)  conducting employee surveys. 
C)  monitoring usage of health benefits. 
D)  calculating and monitoring paid-time-off.

Question 11

Unpaid leaves of absence are popular with employers because they do not cost the firm anything beyond continued benefits for the employee on leave.

Accepted Answer

A) True 
 B)False

Question 12

The Pension Protection Act of 2006

Accepted Answer

A)  requires employers to increase funding to cover unfunded liabilities. 
B)  mandates that retirees cannot be discriminated against on the basis of previous union membership. 
C)  allows employers to "cash out" faltering pension plans, by making one-time cash payments to retirees who can then invest the funds as individuals. 
D)  requires employers with excessive unfunded pension liabilities to give control of the pension fund to the Department of Labor. 
A)  requires employers to increase funding to cover unfunded liabilities. 
B)  mandates that retirees cannot be discriminated against on the basis of previous union membership. 
C)  allows employers to "cash out" faltering pension plans, by making one-time cash payments to retirees who can then invest the funds as individuals. 
D)  requires employers with excessive unfunded pension liabilities to give control of the pension fund to the Department of Labor.

Question 13

Common ways that benefits can impact organizational performance include all of the following EXCEPT

Accepted Answer

A)  minimizing grievances and complaints. 
B)  reducing turnover. 
C)  increasing employee job satisfaction 
D)  improving recruiting success. 
A)  minimizing grievances and complaints. 
B)  reducing turnover. 
C)  increasing employee job satisfaction 
D)  improving recruiting success.

Question 14

Why do a relatively low percentage of men take paternity leave?

Accepted Answer

A)  Men who are not single parents are not covered in the Family and Medical Leave Act. 
B)  Employers can deny FMLA leave if the employee is not replaceable. Men tend to hold jobs that are more critical than women do. 
C)  It is not socially acceptable for men to stay home for child-related reasons. 
D)  Only one parent per family can take FMLA leave, and most couples decide that the mother will be the one to take FMLA leave. 
A)  Men who are not single parents are not covered in the Family and Medical Leave Act. 
B)  Employers can deny FMLA leave if the employee is not replaceable. Men tend to hold jobs that are more critical than women do. 
C)  It is not socially acceptable for men to stay home for child-related reasons. 
D)  Only one parent per family can take FMLA leave, and most couples decide that the mother will be the one to take FMLA leave.

Question 15

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

Accepted Answer

FMLA mandates up to 12 weeks unpaid leav

Question 16

What is the basis for determining the employer's cost of unemployment compensation?

Accepted Answer

A)  the type of business and industry and its known seasonal fluctuations in employment 
B)  the number of covered employees 
C)  the employer's total payroll cost 
D)  the number of claims filed by former employees 
A)  the type of business and industry and its known seasonal fluctuations in employment 
B)  the number of covered employees 
C)  the employer's total payroll cost 
D)  the number of claims filed by former employees

Question 17

Marge is very upset that her employer has begun requiring employees on the health plan to make co-payments for doctor's visits,prescriptions,and other medical services.Marge feels this is unfair.Marge's employer's previous health care plan probably was a/an

Accepted Answer

A)  health maintenance organization. 
B)  preferred provider plan. 
C)  first-dollar coverage plan. 
D)  health utilization plan. 
A)  health maintenance organization. 
B)  preferred provider plan. 
C)  first-dollar coverage plan. 
D)  health utilization plan.

Question 18

Paula,the director of employee development for an airline,is designing a tuition aid program for the employees.She wants to assess whether the program will have a good return on investment for the airline.To do so,she is building in a long-range assessment system that will measure all of the following EXCEPT

Accepted Answer

A)  employee satisfaction with the program. 
B)  retention of employees who have used tuition aid. 
C)  internal promotions of employees who have used tuition aid. 
D)  grades earned by employees on tuition aid. 
A)  employee satisfaction with the program. 
B)  retention of employees who have used tuition aid. 
C)  internal promotions of employees who have used tuition aid. 
D)  grades earned by employees on tuition aid.

Question 19

Flexible benefits plans have grown more popular because

Accepted Answer

A)  changes in the tax code no longer give a cost advantage to standardized benefit packages. 
B)  the decreasing influence of unions in the workplace, which pressured employers to treat all workers the same. 
C)  employee family and work situations are more variable than they were in the past. 
D)  employees are more sophisticated about their needs and do not need the employer's paternalistic guidance necessary in the past. 
A)  changes in the tax code no longer give a cost advantage to standardized benefit packages. 
B)  the decreasing influence of unions in the workplace, which pressured employers to treat all workers the same. 
C)  employee family and work situations are more variable than they were in the past. 
D)  employees are more sophisticated about their needs and do not need the employer's paternalistic guidance necessary in the past.

Question 20

The Financial Accounting Standards Board (FASB)issued Rule 106 regarding accounting treatment of company liabilities for retiree health benefits because

Accepted Answer

A)  many firms were using the funds officially set aside for funding retiree health benefits for other purposes. 
B)  a number of firms have set aside excessive amounts of funds for retiree health benefits and are using this as an accounting ruse to prop up their financial statements. 
C)  many firms do not have enough money set aside to fund their retiree health benefits and this should be reflected in the company's financial statements. 
D)  of massive corporate fraud involving funds set aside to fund retiree health benefits. 
A)  many firms were using the funds officially set aside for funding retiree health benefits for other purposes. 
B)  a number of firms have set aside excessive amounts of funds for retiree health benefits and are using this as an accounting ruse to prop up their financial statements. 
C)  many firms do not have enough money set aside to fund their retiree health benefits and this should be reflected in the company's financial statements. 
D)  of massive corporate fraud involving funds set aside to fund retiree health benefits.

Which of the following statements is TRUE?

____ is the main federal legislation providing privacy rights regarding employee medical records.

How can employers improve employees understanding of and appreciation of their benefits?

The Health Insurance Portability and Accountability Act (HIPAA)requires

A "personal statement of benefits"

The complexity of the unemployment compensation system and the stigma attached to receiving unemployment compensation mean that most of the people qualified to receive unemployment compensation never actually apply for or receive the unemployment compensation to which they are entitled.

The director of HR for MCTF Industries is measuring the effectiveness of the benefits at MCTF.She will need to calculate all of the following measures EXCEPT

Since the typical employee has only a vague understanding of the benefits provided by his/her employer,organizations rarely view benefits as an effective retention tool.

Unpaid leaves of absence are popular with employers because they do not cost the firm anything beyond continued benefits for the employee on leave.

The Pension Protection Act of 2006

Common ways that benefits can impact organizational performance include all of the following EXCEPT

Why do a relatively low percentage of men take paternity leave?

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

What is the basis for determining the employer's cost of unemployment compensation?

Marge is very upset that her employer has begun requiring employees on the health plan to make co-payments for doctor's visits,prescriptions,and other medical services.Marge feels this is unfair.Marge's employer's previous health care plan probably was a/an

Flexible benefits plans have grown more popular because

The Financial Accounting Standards Board (FASB)issued Rule 106 regarding accounting treatment of company liabilities for retiree health benefits because

Human Resource Management in Organizations

Strategic HR Management and Planning

Equal Employment Opportunity

Workers,Jobs,and Job Analysis

Human Resource Planning and Retention

Recruiting and Labor Markets

Selecting Human Resources

Training Human Resources

Talent Management

Performance Management and Appraisal

Total Rewards and Compensation

Incentive Plans and Executive Compensation

Risk Management and Worker Protection

Employee Rights and Responsibilities

Union/Management Relations

Filters

Exam 13: Managing Employee Benefits

Which of the following statements is TRUE?

____ is the main federal legislation providing privacy rights regarding employee medical records.

How can employers improve employees understanding of and appreciation of their benefits?

The Health Insurance Portability and Accountability Act (HIPAA)requires

A "personal statement of benefits"

The complexity of the unemployment compensation system and the stigma attached to receiving unemployment compensation mean that most of the people qualified to receive unemployment compensation never actually apply for or receive the unemployment compensation to which they are entitled.

The director of HR for MCTF Industries is measuring the effectiveness of the benefits at MCTF.She will need to calculate all of the following measures EXCEPT

Since the typical employee has only a vague understanding of the benefits provided by his/her employer,organizations rarely view benefits as an effective retention tool.

Unpaid leaves of absence are popular with employers because they do not cost the firm anything beyond continued benefits for the employee on leave.

The Pension Protection Act of 2006

Common ways that benefits can impact organizational performance include all of the following EXCEPT

Why do a relatively low percentage of men take paternity leave?

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

What is the basis for determining the employer's cost of unemployment compensation?

Marge is very upset that her employer has begun requiring employees on the health plan to make co-payments for doctor's visits,prescriptions,and other medical services.Marge feels this is unfair.Marge's employer's previous health care plan probably was a/an

Flexible benefits plans have grown more popular because

The Financial Accounting Standards Board (FASB)issued Rule 106 regarding accounting treatment of company liabilities for retiree health benefits because

Human Resource Management in Organizations

Strategic HR Management and Planning

Equal Employment Opportunity

Workers,Jobs,and Job Analysis

Human Resource Planning and Retention

Recruiting and Labor Markets

Selecting Human Resources

Training Human Resources

Talent Management

Performance Management and Appraisal

Total Rewards and Compensation

Incentive Plans and Executive Compensation

Risk Management and Worker Protection

Employee Rights and Responsibilities

Union/Management Relations

Filters