TEST 2 PART 2

43) In the context of benefits communication methods, which of the following is mostly true about an information portal?

• A) It fosters open communication.

• B) It requires ongoing maintenance and an intuitive user interface.

• C) It primarily allows for personalized communication methods.

• D) It essentially requires coordination and planning.

42) The_________ created time-and-a-half overtime pay and required that any benefits linked to pay increase correspondingly with those overtime hours.

• A) Fair Labor Standards Act

• B) Employee Retirement Income Security Act

• C) Maintenance Act

• D) Consolidated Omnibus Budget Reconciliation Act

41) _________ allows employees who resign or are laid off through no fault of their own to continue receiving health coverage under their employer's plan at a cost borne by the employee.

• A) The Maintenance Act (1973)

• B) The Fair Labor Standards Act (1938)

• C) The Tax reforms of 1982

• D) The Consolidated Omnibus Budget Reconciliation Act (1984)

40) How many weeks of leave does the Family Medical Leave Act (1993) mandate for all workers at companies that employ 50 or more people?

• A) 4 weeks

• B) 8 weeks

• C) 12 weeks

• D) 16 weeks

39) Various studies have found that only two specific benefits curtailed employee turnover, namely_________ and_________.

• A) vacation days; dental plans

• B) profit-sharing plans; life insurance

• C) retirement benefits; paid vacations

• D) pensions; medical coverage

38) Which legislation established 401(k) programs?

• A) Tax reforms

• B) Maintenance Act

• C) COBRA

• D) Employee Retirement Income Security Act

37) Which of the following requires individuals to maintain minimal essential health insurance coverage or pay a penalty unless exempted for religious beliefs or financial hardship?

• A) The Maintenance Act (1973)

• B) The Fair Labor Standards Act (1938)

• C) The Consolidated Omnibus Budget Reconciliation Act (1984)

• D) The Patient Protection and Affordable Care Act (2010)

36) Which of the following best describes the impact of the Maintenance Act (1973) on employee benefits?

• A) It ensured that benefits were administered in a manner that did not discriminate against protected groups.

• B) It created time-and-a-half overtime pay.

• C) It required employers to offer alternative health coverage options to employees.

• D) It mandated 12 weeks of leave for all workers at companies that employed 50 or more people.

35) DrenchFort Corporation is a small company that pays high wages. As its wages are high, it does not provide any benefits. Recently, it has noticed that its employee turnover has increased, so it decides to provide benefits to retain employees. Which of the following benefits is most likely to reduce turnover?

• A) Counseling services

• B) An early retirement plan

• C) Medical coverage

• D) A profit-sharing plan

34) Which of the following is an advantage of flexible benefit plans?

• A) They require no expenditure from the employers.

• B) They decrease the administrative burdens of employers.

• C) They ensure that employees pick only those benefits that they will use, thereby reducing costs.

• D) They increase the involvement of employees in choosing benefit plans.