Question 1

In cafeteria-style plans,adverse selection can be controlled by

Accepted Answer

A) allowing employees to choose benefits based on their personal needs. 
B) removing the limitations on coverage amounts. 
C) pricing benefits subject to a low adverse selection. 
D) increasing the choices that cater to individual needs. 
E) using a limited set of packaged options. 
A) allowing employees to choose benefits based on their personal needs. 
B) removing the limitations on coverage amounts. 
C) pricing benefits subject to a low adverse selection. 
D) increasing the choices that cater to individual needs. 
E) using a limited set of packaged options.

Question 2

Beneficiaries do not get free coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA).

Accepted Answer

A) True 
 B)False

Question 3

Unlike workers in most Western European countries,who have nationalized health systems,the majority of Americans receiving health insurance get it through their (or family members')employers.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following increased the fiduciary responsibilities of pension plan trustees and established vesting rights and portability provisions?

Accepted Answer

A) Affordable Care Act 
B) Social Security Act 
C) Employee Retirement Income Security Act 
D) Consolidated Omnibus Budget Reconciliation Act 
E) National Labor Relations Act 
A) Affordable Care Act 
B) Social Security Act 
C) Employee Retirement Income Security Act 
D) Consolidated Omnibus Budget Reconciliation Act 
E) National Labor Relations Act

Question 5

North Winds needs to downsize.They have done an employee scan and have realized that there are a number of employees who could retire or retire early to meet their budget goals.They have put together a packet of incentives,but according to the Age Discrimination in Employment Act (ADEA),

Accepted Answer

A) it is the employees',not the employers',responsibility to gather all information about available options. 
B) employers should ensure that only employees over the age of 60 receive the program's benefits. 
C) employees meet a stringent deadline in making their decision about early retirement. 
D) employers can cease the accrual of retirement benefits at about 65 years to induce older employees to retire. 
E) employees should not be coerced to accept an incentive and retire. 
A) it is the employees',not the employers',responsibility to gather all information about available options. 
B) employers should ensure that only employees over the age of 60 receive the program's benefits. 
C) employees meet a stringent deadline in making their decision about early retirement. 
D) employers can cease the accrual of retirement benefits at about 65 years to induce older employees to retire. 
E) employees should not be coerced to accept an incentive and retire.

Question 6

Which of the following affects the amount of income that will be available to an employee upon retirement in defined contribution plans?

Accepted Answer

A) The number of times an employee shifted jobs 
B) The number of employees covered in the plan 
C) The size of the organization 
D) The level of job performance 
E) The age at which investments are made 
A) The number of times an employee shifted jobs 
B) The number of employees covered in the plan 
C) The size of the organization 
D) The level of job performance 
E) The age at which investments are made

Question 7

Which of the following is true about employee benefits?

Accepted Answer

A) Government involvement in benefits decisions is minimal. 
B) The impact of legal regulations on benefits is greater than that on direct compensation. 
C) Understanding the value of a dollar in a benefits package is more complicated than understanding it in a salary. 
D) The tax treatment of benefits programs is often less favorable for employees than is the tax treatment of wages and salaries. 
E) Employees are always aware of the benefits available,as well as how to use them. 
A) Government involvement in benefits decisions is minimal. 
B) The impact of legal regulations on benefits is greater than that on direct compensation. 
C) Understanding the value of a dollar in a benefits package is more complicated than understanding it in a salary. 
D) The tax treatment of benefits programs is often less favorable for employees than is the tax treatment of wages and salaries. 
E) Employees are always aware of the benefits available,as well as how to use them.

Question 8

In the 1978 Manhart ruling,the Supreme Court declared it illegal for employers to require

Accepted Answer

A) employees to have physical examinations as a precondition for employment offers. 
B) employees to accept health insurance coverage. 
C) employees to retire at age 65. 
D) women to contribute more than men to a defined benefit plan. 
E) employees to attend health benefit programs. 
A) employees to have physical examinations as a precondition for employment offers. 
B) employees to accept health insurance coverage. 
C) employees to retire at age 65. 
D) women to contribute more than men to a defined benefit plan. 
E) employees to attend health benefit programs.

Question 9

Why are U.S.companies beginning to offer child care as a benefit to employees? How does child care affect the business?

Accepted Answer

U.S.companies increasingly provide some

Question 10

Sasha is helping her mother prepare for retirement.She tells her that the largest income will come from her pension plan,so she needs to be sure she has invested her money there.

Accepted Answer

A) True 
 B)False

Question 11

In which of the following ways do PPOs differ from HMOs?

Accepted Answer

A) HMOs provide benefits on a prepaid basis. 
B) PPOs focus on preventive measures and outpatient care. 
C) PPOs aim at providing high-quality health services at high costs. 
D) HMOs contract directly with employees. 
E) Physicians are paid on a flat salary basis in PPOs. 
A) HMOs provide benefits on a prepaid basis. 
B) PPOs focus on preventive measures and outpatient care. 
C) PPOs aim at providing high-quality health services at high costs. 
D) HMOs contract directly with employees. 
E) Physicians are paid on a flat salary basis in PPOs.

Question 12

Survey information on competitors' benefit packages and information on benefit costs are available from

Accepted Answer

A) public consultants. 
B) the Pension Benefit Guaranty Corporation (PBG
C) . 
C) the Bureau of Labor Statistics (BLS). 
D) the Legal Information Institute (LII). 
E) unemployment offices. 
A) public consultants. 
B) the Pension Benefit Guaranty Corporation (PBG
C) . 
C) the Bureau of Labor Statistics (BLS). 
D) the Legal Information Institute (LII). 
E) unemployment offices.

Question 13

Which of the following individuals is eligible for unemployment benefits?

Accepted Answer

A) Miguel was discharged for willful misconduct. 
B) Ricky is not actively seeking work. 
C) Kendrick quit his job voluntarily. 
D) Heather is just out of college and looking to start her career. 
E) Reena lost her job due to outsourcing. 
A) Miguel was discharged for willful misconduct. 
B) Ricky is not actively seeking work. 
C) Kendrick quit his job voluntarily. 
D) Heather is just out of college and looking to start her career. 
E) Reena lost her job due to outsourcing.

Question 14

Which of the following is the largest single component of the elderly's overall retirement income?

Accepted Answer

A) Old-age insurance 
B) Private pension 
C) Earnings from assets 
D) Disability insurance 
E) Medical insurance 
A) Old-age insurance 
B) Private pension 
C) Earnings from assets 
D) Disability insurance 
E) Medical insurance

Question 15

Which of the following is true about the Old Age,Survivors,Disability,and Health Insurance (OASDHI)program?

Accepted Answer

A) Only about 50 percent of U.S.employees are covered by the program. 
B) Federal,state,and local government employees account for a high percentage of employees covered under this program. 
C) There are no eligibility requirements to be met by an individual to receive benefits. 
D) Old-age insurance benefits for fully insured workers begin at the age of 50. 
E) High earners help subsidize benefit payments to low earners. 
A) Only about 50 percent of U.S.employees are covered by the program. 
B) Federal,state,and local government employees account for a high percentage of employees covered under this program. 
C) There are no eligibility requirements to be met by an individual to receive benefits. 
D) Old-age insurance benefits for fully insured workers begin at the age of 50. 
E) High earners help subsidize benefit payments to low earners.

Question 16

Which of the following provides 12 weeks of unpaid absence from work to care for a seriously ill child,spouse,or parent if the organization has at least 50 employees living within a 75-mile radius?

Accepted Answer

A) Child and Family Services Improvement and Innovation Act 
B) Child and Family Services Act 
C) Child Support Recovery Act 
D) Family and Medical Leave Act 
E) Affordable Care Act 
A) Child and Family Services Improvement and Innovation Act 
B) Child and Family Services Act 
C) Child Support Recovery Act 
D) Family and Medical Leave Act 
E) Affordable Care Act

Question 17

Which of the following is part of an active wellness program?

Accepted Answer

A) Awareness of health-related issues 
B) Counselors providing tailored programs 
C) Centers for physical fitness 
D) Athletic trainers present in a company gym 
E) Information on health-related topics 
A) Awareness of health-related issues 
B) Counselors providing tailored programs 
C) Centers for physical fitness 
D) Athletic trainers present in a company gym 
E) Information on health-related topics

Question 18

Drew's company has offered a defined contribution plan for retirement.This makes Drew nervous because the investment decision is made by the

Accepted Answer

A) insurance company. 
B) employer. 
C) Pension Benefit Guaranty Corporation (PBG
C) . 
D) employee. 
E) U)S.Department of Labor. 
A) insurance company. 
B) employer. 
C) Pension Benefit Guaranty Corporation (PBG
C) . 
D) employee. 
E) U)S.Department of Labor.

Question 19

The major advantage of a flexible spending account is that

Accepted Answer

A) dependent care expenses are covered through the same account. 
B) it increases employees' take-home pay. 
C) unused funds revert to the employee. 
D) it covers unpredictable expenses. 
E) it permits post-tax contribution to an employee's account. 
A) dependent care expenses are covered through the same account. 
B) it increases employees' take-home pay. 
C) unused funds revert to the employee. 
D) it covers unpredictable expenses. 
E) it permits post-tax contribution to an employee's account.

Question 20

Which of the following is a characteristic of preferred provider organizations (PPOs)?

Accepted Answer

A) They contract with employees instead of employers. 
B) They do not make contracts with insurance companies. 
C) They provide benefits on a prepaid basis. 
D) Employees often are required to use the preferred providers. 
E) Employers may give incentives for employees to choose a participating physician. 
A) They contract with employees instead of employers. 
B) They do not make contracts with insurance companies. 
C) They provide benefits on a prepaid basis. 
D) Employees often are required to use the preferred providers. 
E) Employers may give incentives for employees to choose a participating physician.

In cafeteria-style plans,adverse selection can be controlled by

Beneficiaries do not get free coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA).

Unlike workers in most Western European countries,who have nationalized health systems,the majority of Americans receiving health insurance get it through their (or family members')employers.

Which of the following increased the fiduciary responsibilities of pension plan trustees and established vesting rights and portability provisions?

North Winds needs to downsize.They have done an employee scan and have realized that there are a number of employees who could retire or retire early to meet their budget goals.They have put together a packet of incentives,but according to the Age Discrimination in Employment Act (ADEA),

Which of the following affects the amount of income that will be available to an employee upon retirement in defined contribution plans?

Which of the following is true about employee benefits?

In the 1978 Manhart ruling,the Supreme Court declared it illegal for employers to require

Why are U.S.companies beginning to offer child care as a benefit to employees? How does child care affect the business?

Sasha is helping her mother prepare for retirement.She tells her that the largest income will come from her pension plan,so she needs to be sure she has invested her money there.

In which of the following ways do PPOs differ from HMOs?

Survey information on competitors' benefit packages and information on benefit costs are available from

Which of the following individuals is eligible for unemployment benefits?

Which of the following is the largest single component of the elderly's overall retirement income?

Which of the following is true about the Old Age,Survivors,Disability,and Health Insurance (OASDHI)program?

Which of the following provides 12 weeks of unpaid absence from work to care for a seriously ill child,spouse,or parent if the organization has at least 50 employees living within a 75-mile radius?

Which of the following is part of an active wellness program?

Drew's company has offered a defined contribution plan for retirement.This makes Drew nervous because the investment decision is made by the

The major advantage of a flexible spending account is that

Which of the following is a characteristic of preferred provider organizations (PPOs)?

Human Resource Management: Gaining a Competitive Advantage

Strategic Human Resource Management

The Legal Environment: Equal Employment Opportunity and Safety

The Analysis and Design of Work

Human Resource Planning and Recruitment

Selection and Placement

Training

Performance Management

Employee Development

Employee Separation and Retention

Pay Structure Decisions

Recognizing Employee Contributions With Pay

Collective Bargaining and Labor Relations

Managing Human Resources Globally

Strategically Managing the Hrm Function

Filters

Exam 13: Employee Benefits

In cafeteria-style plans,adverse selection can be controlled by

Beneficiaries do not get free coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA).

Unlike workers in most Western European countries,who have nationalized health systems,the majority of Americans receiving health insurance get it through their (or family members')employers.

Which of the following increased the fiduciary responsibilities of pension plan trustees and established vesting rights and portability provisions?

North Winds needs to downsize.They have done an employee scan and have realized that there are a number of employees who could retire or retire early to meet their budget goals.They have put together a packet of incentives,but according to the Age Discrimination in Employment Act (ADEA),

Which of the following affects the amount of income that will be available to an employee upon retirement in defined contribution plans?

Which of the following is true about employee benefits?

In the 1978 Manhart ruling,the Supreme Court declared it illegal for employers to require

Why are U.S.companies beginning to offer child care as a benefit to employees? How does child care affect the business?

Sasha is helping her mother prepare for retirement.She tells her that the largest income will come from her pension plan,so she needs to be sure she has invested her money there.

In which of the following ways do PPOs differ from HMOs?

Survey information on competitors' benefit packages and information on benefit costs are available from

Which of the following individuals is eligible for unemployment benefits?

Which of the following is the largest single component of the elderly's overall retirement income?

Which of the following is true about the Old Age,Survivors,Disability,and Health Insurance (OASDHI)program?

Which of the following provides 12 weeks of unpaid absence from work to care for a seriously ill child,spouse,or parent if the organization has at least 50 employees living within a 75-mile radius?

Which of the following is part of an active wellness program?

Drew's company has offered a defined contribution plan for retirement.This makes Drew nervous because the investment decision is made by the

The major advantage of a flexible spending account is that

Which of the following is a characteristic of preferred provider organizations (PPOs)?

Human Resource Management: Gaining a Competitive Advantage

Strategic Human Resource Management

The Legal Environment: Equal Employment Opportunity and Safety

The Analysis and Design of Work

Human Resource Planning and Recruitment

Selection and Placement

Training

Performance Management

Employee Development

Employee Separation and Retention

Pay Structure Decisions

Recognizing Employee Contributions With Pay

Collective Bargaining and Labor Relations

Managing Human Resources Globally

Strategically Managing the Hrm Function

Filters