Benefits of Human Resource Management MCQs
Benefits of Human Resource Management MCQs
Answer these 40+ Benefits of Human Resource Management MCQs and see how sharp is your knowledge of Benefits of Human Resource Management.
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1: Many organizations offer employees ______ as an incentive for meeting performance goals and standards.
A. Health insurance
B. Flexible work arrangements
C. Parental leave
D. Workers’ compensation
2: Once a benefits strategy is developed, the next step in successful implementation of any benefits package is ______.
A. Collectively bargaining the benefits package with the workers’ union
B. Dissemination and explanation of the benefits strategy to employees
C. Alignment of the benefits package with a pay-for-performance program
D. Conducting performance reviews to determine eligibility for benefits
3: In the United States, some legally required benefits are referred to as ______.
A. Social insurance programs
B. Job security programs
C. Pay-for-performance programs
D. Traditional pay programs
4: Which Social Security benefit includes health insurance to former workers (65 years of age and older)?
A. Family and medical leave
B. Worker compensation
C. Medicare
D. Unemployment insurance
5: According to the Family and Medical Leave Act, how much unpaid leave in a year are employees eligible for, during which their job and health-care benefits remain protected?
A. 30 days
B. 6 weeks
C. 12 weeks
D. 6 months
6: Employers may offer selected voluntary benefits with the goal of ______.
A. Discouraging employees from retiring early
B. Meeting legal guidelines to receive additional federal funding
C. Encouraging intrinsic motivation among employees
D. Attracting, motivating, and retaining talent
7: A primary function of the Consolidated Omnibus Budget Reconciliation Act (COBRA) was to ______.
A. Require health plans be provided by employers with fewer than 20 employees
B. Protect employees’ health-care coverage in the event of job loss
C. Ensure the privacy and security of employees’ health-care data
D. Prohibit discrimination based on preexisting health conditions
8: Which type of insurance offers extended benefits that activate once previously used benefits expire?
A. Medical
B. Partial disability
C. Long-term disability
D. Managed care
9: The primary function of the Employee Retirement Income Security Act (ERISA) was to ______.
A. Establish minimum standards for many private-sector retirement plans to protect employees
B. Provide guidelines for retirement plans maintained by government entities
C. Mandate that employers provide retirement plans for their employees
D. Act as a trustee to ensure that employees receive the benefits owed to them
10: An employee enrolled in a(n) ______ plan makes contributions to an individual account in the form of deferred income.
A. 401(k)
B. Cash balance
C. Money-purchase
D. Employee stock ownership
11: Sarah is able to adjust her work schedule to meet nonwork demands, as long as she meets an overall work-hours requirement. This is an example of ______.
A. A flex plan
B. Telecommuting
C. Flextime
D. Comp time
12: When an employee performs work for the company while off company property, such as at home or in a coffee shop, it is known as ______.
A. A flex plan
B. Telecommuting
C. Flextime
D. Comp time
13: Which plans offer employees some degree of choice when it comes to the voluntary benefits they select?
A. Managed-care plans
B. Flexible benefits plans
C. Health and wellness plans
D. Traditional-care plans
14: For benefits plans to be considered “qualified,” an employer must demonstrate that ______.
A. Contributions to all retirement plans are matched
B. Organizational pay dispersion is within prescribed limits
C. All employees are helped by the benefits in similar ways
D. The value of the benefits was adequately explained to employees
15: When selecting the benefits to offer, the overarching objective should be to ______.
A. Determine the benefits employees want and the benefits competitors offer
B. Correct internal inequity between low-paid and high-paid employees
C. Provide flexibility in benefits plans to promote employee well-being
D. Determine the amount of money to contribute to retirement funds
16: In _______ employee makes contributions to an individual account in the form of deferred income
A. 401(k) plan
B. 403(k) plan
C. 402(k) plan
D. None of these
17: Which of the following statements is related to the 403(b)plan ?
A. Contributions are tax deductible to the employee
B. Contributions are not tax deductible to the employee
C. These plans are available to non-profit organization employees only
D. Both a & c
18: Benefits include health, life, and disability insurance; retirement programs; and work–life balance programs
A. True
B. False
19: Cash balance plan is also known as a _________?
A. Guaranteed account plan
B. Straight piecework plan
C. Standard-hour plans
D. None of these
20: comp time is a program that allows nonexempt employees to receive paid time of in exchange for working overtime hours
A. True
B. False
21: Which act designated an amount of time in the event of job loss, work-hour reductions, or another major occurrence ?
A. Consolidated omnibus budget reconciliation act
B. Straight piecework plan
C. Defined-benefit plan
D. None of these
22: Defined-benefit plan provides plan participants with an established benefit to be paid out over a fixed time period
A. True
B. False
23: A type of retirement plan in which the employee and/or employer contributes to an investment fund is known as ______ .
A. Defined-benefit plan
B. Defined-contribution plan
C. Compensatory time
D. None of these
24: Educational-assistance program provides financial assistance for employee educational expenses
A. Overpay assistance
B. Charge pay assistance
C. Cash take default assistance
D. Financial assistance
25: Employee retirement income security act Introduced in 1974 to establish _________ for many private employers’ health care plans in order to protect employees
A. Minimum standards
B. Maximum standards
C. Average standards
D. None of these
26: ESOPs the bulk of contributions are invested in an employer’s stock, thereby rewarding employees when company _______ and the vesting period has passed
A. Stock shares increase in value
B. Stock shares decrease in value
C. Both option possible
D. None of these
27: Family and medical leave act Introduced in _______ to protect employees’ job security when they need to take unpaid leave due to family or medical issues
A. 1995
B. 1994
C. 1992
D. 1993
28: A federal payroll tax paid by both employees and employers that funds current social security beneficiaries is known as______
A. Federal insurance contributions act
B. Family and medical leave act
C. Health insurance portability and accountability act
D. None of these
29: Flexible benefits plans Offer employees some degree of choice for the employer-sponsored voluntary benefits
A. True
B. False
30: Health insurance portability and accountability act introduced in _______ .
A. 1994
B. 1997
C. 1999
D. 1996
31: A program that provides employees with compensation when taking time away from work for a recognized federal, state, or local holiday is known as _______ .
A. Holiday pay
B. Health insurance pay
C. Both a & b
D. None of these
32: Individual retirement plans allows an individual to make tax-deferred contributions to an investment fund and that does not need to be employer sponsored
A. True
B. False
33: Provides financial compensation for designated beneficiaries when the insured individual dies, often distributed in the form of a lump-sum payment known as ______ .
A. Life insurance programs
B. Long-term disability insurance
C. Managed-care plans
D. None of these
34: Which of the following things require long-term disability insurance to cover costs?
A. broken leg
B. degenerative disease
C. flu
D. none of these
35: Managed-care plans is a medical plan designed to provide wide-ranging health care services to plan participants
A. True
B. False
36: Money-purchase plan is a contribution plan in which ________ a specified amount to each plan participant’s investment fund .
A. Only CEO contribute
B. Only manager contribute
C. Employers contribute
D. None of these
37: Paid time off provides employees with compensation when they take time away from work, subject to employer approval
A. True
B. False
38: ACA act Introduced in ______ to provide rights and protections associated with access to health care coverage
A. 2011
B. 2012
C. 2010
D. 2014
39: PBGC agency that insures private-sector retirement plans
A. True
B. False
40: Nonmonetary services or benefits provided by an employer is known as ________.
A. Perquisites
B. Personal leave
C. Both a & b
D. None of these
41: Personal leave use to supplement vacation and sick-time offerings by allowing employees to take ________ time away from work
A. Paid
B. Unpaid
C. Both a & b
D. None of these
42: Profit-sharing program is a type of pay-for-performance program in which the employee earns rewards by sharing their organization’s profits
A. True
B. False
43: Short-term disability insurance is a form of income protection for employees who temporarily become unable to work as a result of ________ .
A. Illness
B. Injury
C. Both a & b
D. None of these
44: Sick time is a program that permits employees to take time off from work due to a personal or immediate family member’s health issue.
A. True
B. False
45: Social security act passed by the U.S. congress in ______ as part of the new deal to help the United states.
A. 1956
B. 1947
C. 1935
D. 1934
46: Taxable income that is not taxed until a later date, often when earnings are distributed is known as _____ .
A. Tax deferred
B. Traditional-care plans
C. Vacation pay
D. None of these
47: Traditional-care plans allows participants to select any provider of their choosing without affecting how they are reimbursed
A. True
B. False
48: A program that provides employees with compensation for taking time away from work for a planned reason is known as ______
A. Vacation pay
B. Alternative dispute resolution
C. Collective bargaining
D. None of these
49: Program funded entirely by the employer in the form of payroll taxes that provides medical coverage and income replacement.This statement related to _____ .
A. Workers’ compensation
B. Alternative dispute resolution
C. Collective bargaining
D. None of these
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Benefits of Human Resource Management MCQs
