BUS409 Quiz

• Question 1

3 out of 3 points

	Which government action contributed to the use of welfare benefits?
	Selected Answer: Correct Answer:

• Question 2

3 out of 3 points

	Due to a recent merger with another major airline, ABC Airlines decided to lay off some of its employees. ABC Airlines offers training sessions to teach job search and interviewing techniques to those laid off employees. Which kind of service was provided by this airline?
	Selected Answer: Correct Answer:

• Question 3

3 out of 3 points

	Which set of rules prohibit employers from discriminating in favor of highly compensated employees in contributions or benefits, availability of benefits, rights, or plan features?
	Selected Answer: Correct Answer:

• Question 4

3 out of 3 points

	Mary works at a pharmaceutical company as a customer service representative. Her employer allows her to choose the set of benefits she will receive on top of pre-established sets of benefits, such as medical insurance and term life insurance. The company gave her credits equal to 6% of her salary with which she decided to purchase dental and vision insurance. This pharmaceutical company uses what kind of benefits plan?
	Selected Answer: Correct Answer:

• Question 5

3 out of 3 points

	Under a cliff vesting arrangement, after how many years must full vesting rights be granted?
	Selected Answer: Correct Answer:

• Question 6

3 out of 3 points

	Which of the following laws permit employers to automatically enroll employees in a defined contribution plan?
	Selected Answer: Correct Answer:

• Question 7

3 out of 3 points

	Which of the following do qualified plans provide?
	Selected Answer: Correct Answer:

• Question 8

3 out of 3 points

	A 401(k) plan is which of the following types of retirement benefits?
	Selected Answer: Correct Answer:

• Question 9

3 out of 3 points

	The tax advantage afforded companies from offering particular discretionary benefits has strategic value for which of the following reasons?
	Selected Answer: Correct Answer:

• Question 10

3 out of 3 points

	Which of the following contributed to the use of flexible benefits plans?
	Selected Answer: Correct Answer:

• Question 11

0 out of 3 points

	You broke your neck at work. The company called to inform you that they had to switch your benefits from the short-term disability account to the long-term disability account. Based on this decision, how long have you been off work?
	Selected Answer: Correct Answer:

• Question 12

3 out of 3 points

	The XYZ Company tries to influence employee food choices by stocking vending machines with healthy food. They also offer programs to teach stress reduction techniques. Which kind of discretionary benefit program does this company sponsor?
	Selected Answer: Correct Answer:

• Question 13

3 out of 3 points

	Since the costs of benefits has risen so dramatically in recent years, the majority of the companies decided to finance discretionary benefits using which of the following methods?
	Selected Answer: Correct Answer:

• Question 14

3 out of 3 points

	The XYZ Company provides a program for its employees who need help dealing with the effects of domestic violence. The XYZ Company can offer this kind of service through which of the following programs?
	Selected Answer: Correct Answer:

• Question 15

0 out of 3 points

	Which of the following is a commonly used employer-sponsored retirement plan design?
	Selected Answer: Correct Answer: