Question 1

Which of the following terms refers to a one-time payment some employers provide when terminating an employee?

Accepted Answer

A)  merit pay 
B)  annual bonus 
C)  severance pay 
D)  performance pay 
E)  competency-based pay 
A)  merit pay 
B)  annual bonus 
C)  severance pay 
D)  performance pay 
E)  competency-based pay

Question 2

Which of the following conditions must be met for an injured employee to earn workers' compensation from his or her employer?

Accepted Answer

A)  The employee was injured while on the job. 
B)  The employee suffered the injury through no fault of his or her own. 
C)  The employee worked for a minimum of 1250 hours during the past twelve months. 
D)  The employee worked full-time for the employer for a minimum of twelve months. 
E)  The employee received adequate job training to understand the position's requirements. 
A)  The employee was injured while on the job. 
B)  The employee suffered the injury through no fault of his or her own. 
C)  The employee worked for a minimum of 1250 hours during the past twelve months. 
D)  The employee worked full-time for the employer for a minimum of twelve months. 
E)  The employee received adequate job training to understand the position's requirements.

Question 3

A plan that contains a formula for determining retirement benefits is known as a ________.

Accepted Answer

A)  defined contribution pension plan 
B)  employee stock ownership plan 
C)  defined benefit pension plan 
D)  cash balance plan 
E)  401(k) plan 
A)  defined contribution pension plan 
B)  employee stock ownership plan 
C)  defined benefit pension plan 
D)  cash balance plan 
E)  401(k) plan

Question 4

What is the maximum number of weeks of unpaid leave that an employee may take under the Family and Medical Leave Act?

Accepted Answer

A)  four 
B)  six 
C)  ten 
D)  twelve 
E)  sixteen 
A)  four 
B)  six 
C)  ten 
D)  twelve 
E)  sixteen

Question 5

Which of the following occupations is commonly subjected to compressed workweeks?

Accepted Answer

A)  engineer 
B)  attorney 
C)  teacher 
D)  pilot 
E)  manager 
A)  engineer 
B)  attorney 
C)  teacher 
D)  pilot 
E)  manager

Question 6

Which of the following is NOT an employer cost associated with granting leave to employees under the Family and Medical Leave Act?

Accepted Answer

A)  cost to recruit replacement workers 
B)  cost of paying temporary workers 
C)  cost to train replacement workers 
D)  pay for time not worked to employee 
E)  lower productivity of replacement workers 
A)  cost to recruit replacement workers 
B)  cost of paying temporary workers 
C)  cost to train replacement workers 
D)  pay for time not worked to employee 
E)  lower productivity of replacement workers

Question 7

The Consolidated Omnibus Budget Reconciliation Act requires the government to provide health insurance to terminated or retired employees and their families through the Medicare system.

Accepted Answer

A) True 
 B)False

Question 8

Benefits are an important aspect of employee compensation,and they involve the direct financial payments employees receive for remaining with an employer.

Accepted Answer

A) True 
 B)False

Question 9

Orion is a business software firm based in Atlanta that employs over 400 people.Orion has traditionally provided legislatively required benefits for its employees including Social Security,workers' compensation,and unemployment insurance.In addition,Orion offers employees health and dental insurance.Orion employees work Monday through Friday on a 9 to 5 schedule.Orion's top executives are considering the idea of adding a flexible benefits plan and implementing a flexible work schedule. 
-Which of the following,if true,best supports the argument that Orion should offer its employees a cafeteria plan?

Accepted Answer

A)  Orion lacks the resources to join a low-cost health insurance plan, so the firm belongs to a pool with other businesses. 
B)  Some Orion employees have indicated that they would like vision insurance, while others have no interest in dental insurance. 
C)  In the past, Orion's rates for life, health, and dental insurance have been reasonable, and the firm has managed to keep deductibles low. 
D)  Orion offers its employees a PPO health insurance plan, but employees have expressed interest in an HMO plan. 
E)  Orion outsources its employee benefits program, so employees go through the plan's administrator when filing claims. 
A)  Orion lacks the resources to join a low-cost health insurance plan, so the firm belongs to a pool with other businesses. 
B)  Some Orion employees have indicated that they would like vision insurance, while others have no interest in dental insurance. 
C)  In the past, Orion's rates for life, health, and dental insurance have been reasonable, and the firm has managed to keep deductibles low. 
D)  Orion offers its employees a PPO health insurance plan, but employees have expressed interest in an HMO plan. 
E)  Orion outsources its employee benefits program, so employees go through the plan's administrator when filing claims.

Question 10

Employee benefits account for about one-third of wages and salaries.

Accepted Answer

A) True 
 B)False

Question 11

Medicare provides a wide range of health services to people ________ or over.

Accepted Answer

A)  55 
B)  59 
C)  60 
D)  62 
E)  65 
A)  55 
B)  59 
C)  60 
D)  62 
E)  65

Question 12

Which health benefit is offered by almost all employers?

Accepted Answer

A)  vision insurance 
B)  chiropractic insurance 
C)  prescription drug coverage 
D)  dependant life insurance 
E)  health maintenance organization 
A)  vision insurance 
B)  chiropractic insurance 
C)  prescription drug coverage 
D)  dependant life insurance 
E)  health maintenance organization

Question 13

Social Security offers all of the following EXCEPT ________.

Accepted Answer

A)  income for retirees 62 or older who are insured under the Social Security Act 
B)  survivor's benefits for those insured under the Social Security Act 
C)  disability payments to employees who become totally disabled 
D)  tax refunds for retirees who are 55 and older 
E)  Medicare program administration 
A)  income for retirees 62 or older who are insured under the Social Security Act 
B)  survivor's benefits for those insured under the Social Security Act 
C)  disability payments to employees who become totally disabled 
D)  tax refunds for retirees who are 55 and older 
E)  Medicare program administration

Question 14

________ are groups of health care providers that contract with employers,insurance companies,or third-party payers to provide medical care services at a reduced fee.

Accepted Answer

A)  PPOs 
B)  HMOs 
C)  DMOs 
D)  ADDs 
E)  Hospitals 
A)  PPOs 
B)  HMOs 
C)  DMOs 
D)  ADDs 
E)  Hospitals

Question 15

In most states,workers' compensation benefits have no time limit,so injured employees may receive monetary and medical compensation for the duration of their employment.

Accepted Answer

A) True 
 B)False

Question 16

For individuals born in 1960 or later,the full retirement age for non-discounted social security benefits is ________.

Accepted Answer

A)  55 
B)  62 
C)  65 
D)  67 
E)  70 
A)  55 
B)  62 
C)  65 
D)  67 
E)  70

Question 17

Which of the following represents the largest proportion of all reported disabilities?

Accepted Answer

A)  disabling injuries 
B)  respiratory diseases 
C)  cardiovascular diseases 
D)  mental illness 
E)  cancer 
A)  disabling injuries 
B)  respiratory diseases 
C)  cardiovascular diseases 
D)  mental illness 
E)  cancer

Question 18

Pooled paid leave plans combine sick leave,vacation,and personal days into a single leave pool and have been blamed for increasing employee absenteeism.

Accepted Answer

A) True 
 B)False

Question 19

All of the following are true statements regarding the application of the Family and Medical Leave Act EXCEPT ________.

Accepted Answer

A)  employers may require employees to provide advance notice and medical certification 
B)  eligible employees must have worked for the employer for at least one year 
C)  employees must be employed at job sites with at least 50 employees 
D)  up to 12 weeks must be granted in a twelve-month period 
E)  employees may take leave on an intermittent basis 
A)  employers may require employees to provide advance notice and medical certification 
B)  eligible employees must have worked for the employer for at least one year 
C)  employees must be employed at job sites with at least 50 employees 
D)  up to 12 weeks must be granted in a twelve-month period 
E)  employees may take leave on an intermittent basis

Question 20

Malcolm is interviewing for a new job and he is evaluating the quality of the pension plans offered for each company he is considering.One company offers a pension plan in which the company will make all contributions to the plan and will base his pension benefit on a formula linked to his pay at the time of retirement and the number of years he was with the firm.This pension plan could be classified as ________.

Accepted Answer

A)  qualified, defined benefit 
B)  non-contributory, defined benefit 
C)  non-contributory, defined contribution 
D)  contributory, qualified 
E)  contributory, defined benefit 
A)  qualified, defined benefit 
B)  non-contributory, defined benefit 
C)  non-contributory, defined contribution 
D)  contributory, qualified 
E)  contributory, defined benefit

Which of the following terms refers to a one-time payment some employers provide when terminating an employee?

Which of the following conditions must be met for an injured employee to earn workers' compensation from his or her employer?

A plan that contains a formula for determining retirement benefits is known as a ________.

What is the maximum number of weeks of unpaid leave that an employee may take under the Family and Medical Leave Act?

Which of the following occupations is commonly subjected to compressed workweeks?

Which of the following is NOT an employer cost associated with granting leave to employees under the Family and Medical Leave Act?

The Consolidated Omnibus Budget Reconciliation Act requires the government to provide health insurance to terminated or retired employees and their families through the Medicare system.

Benefits are an important aspect of employee compensation,and they involve the direct financial payments employees receive for remaining with an employer.

Employee benefits account for about one-third of wages and salaries.

Medicare provides a wide range of health services to people ________ or over.

Which health benefit is offered by almost all employers?

Social Security offers all of the following EXCEPT ________.

________ are groups of health care providers that contract with employers,insurance companies,or third-party payers to provide medical care services at a reduced fee.

In most states,workers' compensation benefits have no time limit,so injured employees may receive monetary and medical compensation for the duration of their employment.

For individuals born in 1960 or later,the full retirement age for non-discounted social security benefits is ________.

Which of the following represents the largest proportion of all reported disabilities?

Pooled paid leave plans combine sick leave,vacation,and personal days into a single leave pool and have been blamed for increasing employee absenteeism.

All of the following are true statements regarding the application of the Family and Medical Leave Act EXCEPT ________.

Introduction to Human Resource Management

Equal Opportunity and the Law

The Manager's Role in Strategic Human Resource Management

Job Analysis

Personnel Planning and Recruiting

Employee Testing and Selection

Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Coaching, Careers, and Talent Management

Establishing Strategic Pay Plans

Pay for Performance and Financial Incentives

Ethics, Justice, and Fair Treatment in HR Management

Labor Relations and Collective Bargaining

Employee Safety and Health

Managing Global Human Resources

Managing Human Resources in Entrepreneurial Firms

Filters

Exam 13: Benefits and Services

Which of the following terms refers to a one-time payment some employers provide when terminating an employee?

Which of the following conditions must be met for an injured employee to earn workers' compensation from his or her employer?

A plan that contains a formula for determining retirement benefits is known as a ________.

What is the maximum number of weeks of unpaid leave that an employee may take under the Family and Medical Leave Act?

Which of the following occupations is commonly subjected to compressed workweeks?

Which of the following is NOT an employer cost associated with granting leave to employees under the Family and Medical Leave Act?

The Consolidated Omnibus Budget Reconciliation Act requires the government to provide health insurance to terminated or retired employees and their families through the Medicare system.

Benefits are an important aspect of employee compensation,and they involve the direct financial payments employees receive for remaining with an employer.

Employee benefits account for about one-third of wages and salaries.

Medicare provides a wide range of health services to people ________ or over.

Which health benefit is offered by almost all employers?

Social Security offers all of the following EXCEPT ________.

________ are groups of health care providers that contract with employers,insurance companies,or third-party payers to provide medical care services at a reduced fee.

In most states,workers' compensation benefits have no time limit,so injured employees may receive monetary and medical compensation for the duration of their employment.

For individuals born in 1960 or later,the full retirement age for non-discounted social security benefits is ________.

Which of the following represents the largest proportion of all reported disabilities?

Pooled paid leave plans combine sick leave,vacation,and personal days into a single leave pool and have been blamed for increasing employee absenteeism.

All of the following are true statements regarding the application of the Family and Medical Leave Act EXCEPT ________.

Introduction to Human Resource Management

Equal Opportunity and the Law

The Manager's Role in Strategic Human Resource Management

Job Analysis

Personnel Planning and Recruiting

Employee Testing and Selection

Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Coaching, Careers, and Talent Management

Establishing Strategic Pay Plans

Pay for Performance and Financial Incentives

Ethics, Justice, and Fair Treatment in HR Management

Labor Relations and Collective Bargaining

Employee Safety and Health

Managing Global Human Resources

Managing Human Resources in Entrepreneurial Firms

Filters