Terms
Which of the following is true of benefits?
Which of the following benefits is required by law in the United States?
In general, Social Security provides support for _____.
Which of the following legally required employer-provided benefits help workers injured on the job
Which one of the following employer-provided benefits is required by law in the U.S.?
Social Security is formally known as the _____.
Which one of the following is true of Social Security benefits?
Which legal benefit requires employers to pay payroll tax depending on state requirements?
Which one of the following is an objective of the unemployment insurance program?
The unemployment insurance program is financed largely through federal and state taxes on:
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.
Workers are eligible for unemployment benefits if they:
In which of the following areas are unemployment insurance benefits and workers’ compensation benefits similar?
Which one of the following is true of workers’ compensation?
The cost of a worker’s compensation insurance depends on:
To take unpaid family leave under the Family and Medical Leave Act, employees must meet which of the following criteria?
The Family and Medical Leave Act of 1993 requires employers to provide:
Which of the following benefits required by law provides coverage according to state requirements?
The Pregnancy Discrimination Act of 1978 requires employers:
Which of the following is true of an employee’s domestic partner under the health insurance benefits?
While the number of mandatory days of paid vacation in Western Europe is about 30 days, the U.S. companies typically offer:
The purpose of floating holidays is to allow employees to:
The _____ is a federal law that requires employers to permit employees or their dependents to extend their health insurance coverage at group rates for up to 36 months following a qualifying event, such as a layoff, reduction in hours, or the employee’s death.
The Mental Health Parity and Addiction Equity Act of 2008 exempts which of the following companies?
Employers that offer medical insurance must meet the requirements of the _____.
Which one of the following is true of health maintenance organizations?
Which of the following is a difference between PPOs and HMOs?
Which of the following is true of flexible spending accounts?
Employers that offer medical insurance must meet the requirements of the _____.
Active employee wellness programs:
Which of the following sources do most retirees (65 and older) receive most of their income?
Which type of retirement plan guarantees a specified level of retirement income?
Which of the following is a typical factor used to determine retirement benefit levels under a defined benefit retirement plan?
Which of the following federal laws increased the responsibility of pension plan trustees to protect retirees?
Which of the following is true of the Employee Retirement Income Security Act of 1974?
Which of the following is true of the Pension Benefit Guarantee Corporation?
Which one of the following is an example of a defined-contribution pension plan?
A popular defined-contribution plan whereby employees contribute pretax dollars which are then matched by the employer is known as:
Within a 401(k) plan, who has the responsibility for investing?
Which one of the following is true of defined-contribution plans?
Which of the following is true of defined-contribution plans?
Which of the following is true of a cash balance plan?
For an organization with _____, switching from a defined-benefit plan can produce great savings in pension benefits.
Defined-benefit plans must meet the funding requirements of the _____.
The _____ is a report that describes a pension plan’s funding, eligibility requirements, risks, and other details.
Which of the following is true of the Employee Retirement Income Security Act (ERISA) of 1974?
Which of the following is true of 529 savings plans?
Elder care benefits typically give emphasis to:
To encourage learning and attract the kinds of employees who wish to develop their knowledge and skills, many organizations offer:
Which of the following was created by the Employee Retirement Income Security Act (ERISA) of 1974?
The guarantee that when employees become participants in a pension plan and work a specified number of years, they will receive a pension at retirement age, regardless of whether they remained with the employer is referred to as _____.
Benefit plans that permit employees to choose the types and amounts of benefits they want from a set of alternatives are called:
A _____ pension plan allows pension benefits for key employees, such as highly paid managers, to exceed a government-specified share of total pension benefits.
How do cafeteria-style plans increase costs for employers?
Which of the following is true of the cost of benefits?
Which of the following actions help organizations reduce the cost of health care benefits offered to employees?
Which of the following options can be legally adopted by organizations looking to restructure the workforce to minimize the expense of benefits?
Which of the following organizations strictly limits the definition of “independent contractors,” so that employers cannot avoid legal obligations by classifying workers as self-employed when the organization receives the benefits of a permanent employee?
Which one of the following is an advantage of a qualified plan in retirement benefits?
Which of the following criteria is an organization required to meet while offering early retirement incentives?
Under the Older Workers Benefit Protection Act of 1990, employers wishing to use early-retirement waivers must adhere to which of the following guidelines?
Under the Americans with Disabilities Act, which of the following employers is most likely to face legal challenges?
Which of the following is a requirement set for employers under the FASB standards?
The funds required by an organization to pay retirement benefits are reported as _____ in the financial statement.
Which one of the following statements is true of employee benefits?
