Question 1

Employers that offer medical insurance must meet the requirements of the _____.

Accepted Answer

A)   Employee Retirement Income Security Act
B)   Consolidated Omnibus Budget Reconciliation Act
C)   Glass-Steagall Act
D)   Patient Protection and Affordable Care Act
E)   Sarbanes-Oxley ActF) D) and E)
G) B) and C)

Question 2

Discuss the Family and Medical Leave Act of 1993,including its eligibility requirements,scope of coverage,and effectiveness.

Accepted Answer

The Family and Medical Leave Act (FMLA)o...

Question 3

Employees are most likely to benefit from a flexible spending account if they have predictable health care expenses,such as insurance premiums.

Accepted Answer

A) True 
 B)False

Question 4

Employees and job applicants often have a poor idea of what benefits they have and what the market value of their benefits is.

Accepted Answer

A) True 
 B)False

Question 5

The addition of creative benefits packages in the worker's compensation portfolio provides employers a competitive edge in acquiring and retaining talented employees in their organization.

Accepted Answer

A) True 
 B)False

Question 6

The employer's _____ refers to the number of employees the company laid off in the past and the cost of providing them with unemployment benefits.

Accepted Answer

A)   attrition
B)   scalability
C)   experience rating
D)   Six Sigma score
E)   wage driftF) A) and B)
G) B) and D)

Question 7

Workers are eligible for unemployment benefits if they:

Accepted Answer

A)   voluntarily quit a job.
B)   are out of work due to health reasons.
C)   were discharged for cause.
D)   are actively seeking work.
E)   are out of work because of a labor dispute.F) B) and D)
G) A) and D)

Question 8

Which one of the following is true of workers' compensation?

Accepted Answer

A)   Employees are covered under the "no-fault" provision even if the injury is self-inflicted.
B)   Disability income is not covered under this benefit.
C)   It provides payments to offset lost income during involuntary unemployment.
D)   Funding for the program comes from the state taxes on employees.
E)   The benefits provided to the workers are not taxable.F) B) and C)
G) A) and B)

Question 9

The Pregnancy Discrimination Act of 1978 requires employers:

Accepted Answer

A)   to offer disability plans with pregnancy-related coverage.
B)   offer disability plans to treat pregnancy as they would any other disability.
C)   to provide up to six weeks of paid leave to either parent upon the birth of a child.
D)   to provide up to six weeks of unpaid leave to either parent upon the birth of a child.
E)   to offer disability leave up to one month to either parent before the birth of a child.F) B) and D)
G) A) and B)

Question 10

The Family and Medical Leave Act of 1993 requires organizations with 50 or more employees within a 75-mile radius to provide as much as 12 weeks of unpaid leave to qualifying employees.

Accepted Answer

A) True 
 B)False

Question 11

For the average employee,the most common type of insurance offered as benefits is the pension program.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is true of the cost of benefits?

Accepted Answer

A)   Data about costs help employers to select the kinds of benefits to offer.
B)   The lowest-cost items tend to offer the most room for savings.
C)   Non-negotiable benefits tend to help the employer save more.
D)   Cost control is easier when economic growth slows.
E)   Concern over costs has prompted many employers to shift from PPOs to traditional health insurance.F) A) and C)
G) C) and E)

Question 13

As an employee benefit,personal days are scheduled so that they extend a Tuesday or Thursday holiday into a long weekend.

Accepted Answer

A) True 
 B)False

Question 14

Social Security is formally known as the _____.

Accepted Answer

A)   paid leave program
B)   New Deal program
C)   Old Age, Survivors, Disability, and Health Insurance program
D)   employee wellness program
E)   noncontributory planF) A) and D)
G) A) and E)

Question 15

The use of wellness programs and consumer-directed health plans in an organization reflect its objective of controlling the cost of healthcare benefits.

Accepted Answer

A) True 
 B)False

Question 16

Which one of the following is an objective of the unemployment insurance program?

Accepted Answer

A)   To improve the productivity and skill set of workers
B)   To protect the employer from lawsuits
C)   To provide an incentive for employers to stabilize employment
D)   To offset lost income during voluntary unemployment
E)   To help workers with the expenses resulting from job-related accidents and illnessesF) C) and E)
G) A) and B)

Question 17

The purpose of floating holidays is to allow employees to:

Accepted Answer

A)   extend a Tuesday or Thursday holiday into a long weekend.
B)   decide which national holidays they wish to observe with pay.
C)   take time off for personal reasons on any day of the week.
D)   allow international employees to observe legal holidays within their country of assignment.
E)   pool in the different types of leaves and enjoy long paid vacations.F) A) and B)
G) B) and D)

Question 18

Which of the following benefits is required by law in the United States?

Accepted Answer

A)   Sick leave
B)   Personal leave
C)   Medical care
D)   Social Security
E)   Paid leaveF) None of the above
G) A) and B)

Question 19

The cost of a worker's compensation insurance depends on:

Accepted Answer

A)   the profit earned by the organization during the concerned fiscal.
B)   the number of years the concerned worker has been working in the organization.
C)   the total strength of the organization's workforce.
D)   the number of years for which the organization has been in business.
E)   the state where the company is located.F) B) and C)
G) A) and B)

Question 20

Employers in the U.S.are legally required to provide 30 days of paid vacation to both new and existing employees every year.

Accepted Answer

A) True 
 B)False

Exam 13: Providing Employee Benefits

For the average employee,the most common type of insurance offered as benefits is the pension program.

Correct AnswerverifiedShow Answer

Employers that offer medical insurance must meet the requirements of the _____.

Correct AnswerverifiedShow Answer

Employers in the U.S.are legally required to provide 30 days of paid vacation to both new and existing employees every year.

Correct AnswerverifiedShow Answer

Employees are most likely to benefit from a flexible spending account if they have predictable health care expenses,such as insurance premiums.

Correct AnswerverifiedShow Answer

The addition of creative benefits packages in the worker's compensation portfolio provides employers a competitive edge in acquiring and retaining talented employees in their organization.

Correct AnswerverifiedShow Answer

Social Security is formally known as the _____.

Correct AnswerverifiedShow Answer

The cost of a worker's compensation insurance depends on:

Correct AnswerverifiedShow Answer

The purpose of floating holidays is to allow employees to:

Correct AnswerverifiedShow Answer

The Pregnancy Discrimination Act of 1978 requires employers:

Correct AnswerverifiedShow Answer

Which of the following is true of the cost of benefits?

Correct AnswerverifiedShow Answer

Employees and job applicants often have a poor idea of what benefits they have and what the market value of their benefits is.

Correct AnswerverifiedShow Answer

Which one of the following is true of workers' compensation?

Correct AnswerverifiedShow Answer

Which of the following benefits is required by law in the United States?

Correct AnswerverifiedShow Answer

As an employee benefit,personal days are scheduled so that they extend a Tuesday or Thursday holiday into a long weekend.

Correct AnswerverifiedShow Answer

Which one of the following is an objective of the unemployment insurance program?

Correct AnswerverifiedShow Answer

The Family and Medical Leave Act of 1993 requires organizations with 50 or more employees within a 75-mile radius to provide as much as 12 weeks of unpaid leave to qualifying employees.

Correct AnswerverifiedShow Answer

Workers are eligible for unemployment benefits if they:

Correct AnswerverifiedShow Answer

The employer's _____ refers to the number of employees the company laid off in the past and the cost of providing them with unemployment benefits.

Correct AnswerverifiedShow Answer

The use of wellness programs and consumer-directed health plans in an organization reflect its objective of controlling the cost of healthcare benefits.

Correct AnswerverifiedShow Answer

Discuss the Family and Medical Leave Act of 1993,including its eligibility requirements,scope of coverage,and effectiveness.

Correct AnswerverifiedThe Family and Medical Leave Act (FMLA)o...View AnswerShow Answer

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The Family and Medical Leave Act (FMLA)o...
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