QUESTION 26 Executive compensation in the form of a deferred contribution to the

Question

QUESTION 26

Executive compensation in the form of a deferred contribution to the executive's retirement accounts is one of the most common forms of _________ retirement funds.

nonqualified

qualified

challenged

governed

QUESTION 27

In 2014, the maximum contribution a person could make to an IRA was:

$5,000

$1 Million

$40,000

$3,000

$10,000

QUESTION 28

Regular FMLA leave is typically associated with __________ leave?

12 weeks unpaid

12 weeks paid

6 weeks unpaid

18 weeks unpaid

6 weeks paid

QUESTION 29

What is the normal maximum period of time for which an individual can receive unemployment benefits?

6 weeks

26 weeks

12 weeks

1 week

1 year

QUESTION 30

Whitney earns about $100,000 a year. She and her employer both pay 6.2 percent of Whitney's pay into __________ by withholding the money from Whitney's pay check.

unemployment insurance

retirement

Medicare

Social Security

QUESTION 31

Unemployment insurance in virtually all states is financed primarily through taxes on:

Employees only.

Employers only.

Employers with more than 50 employees.

For-profit employers only.

Employees and employers.

QUESTION 33

Which of the following is not true concerning performance bonuses?

Bonus payment should be paid immediately upon reaching the goal, not based on time.

They do not automatically carry over from one time period to the next.

Effective bonus systems are based on specific, measurable and attainable goals.

They are generally used as an individual incentive, but in some cases can be used for groups.

They should be given on an ongoing, annualized basis in order to create entitlement.

2 points   

QUESTION 34

_____________________ have the potential to lead to unethical actions.

Pay differentials

Floater holidays

Incentive payments

Program sales

2 points   

QUESTION 35

Ever since the organization began a group incentive program, John has noticed that his team appears more loyal to one another than they were before the group incentive program began. Which advantage of group incentives does this illustrate?

promotes better teamwork

broadens individual outlook

requires less supervision

is easier to develop than individual incentive programs

2 points   

QUESTION 36

When we need people to cooperate, we should use ____________.

performance evaluations

pay secrecy

group incentives

individual incentives

2 points   

QUESTION 37

A common advantage of group incentives is that:

the best performers will maximize their efforts to make up for free riders.

there is very little chance of infighting or conflict with group incentives.

they always equally reward the performance of all employees.

they encourage team members to compete with each other.

they broaden the individual outlook of group members.

2 points   

QUESTION 38

_______________ and _______________ are the keys to successful piece-rate plans.

Standards; feedback

Feedback; recognition

Standards; bonuses

Recognition; motivation

Bonuses; feedback

nonqualified

qualified

challenged

governed

Explanation / Answer

QUESTION 26

Executive compensation in the form of a deferred contribution to the executive's retirement accounts is one of the most common forms of _________ retirement funds.

nonqualified

qualified

challenged

governed

QUESTION 27

In 2014, the maximum contribution a person could make to an IRA was:

$5,000

$1 Million

$40,000

$3,000

$10,000

QUESTION 28

Regular FMLA leave is typically associated with __________ leave?

12 weeks unpaid

12 weeks paid

6 weeks unpaid

18 weeks unpaid

6 weeks paid

QUESTION 29

What is the normal maximum period of time for which an individual can receive unemployment benefits?

6 weeks

26 weeks

12 weeks

1 week

1 year

QUESTION 30

Whitney earns about $100,000 a year. She and her employer both pay 6.2 percent of Whitney's pay into __________ by withholding the money from Whitney's pay check.

unemployment insurance

retirement

Medicare

Social Security

QUESTION 31

Unemployment insurance in virtually all states is financed primarily through taxes on:

Employees only.

Employers only.

Employers with more than 50 employees.

For-profit employers only.

Employees and employers.

QUESTION 33

Which of the following is not true concerning performance bonuses?

Bonus payment should be paid immediately upon reaching the goal, not based on time.

They do not automatically carry over from one time period to the next.

Effective bonus systems are based on specific, measurable and attainable goals.

They are generally used as an individual incentive, but in some cases can be used for groups.

They should be given on an ongoing, annualized basis in order to create entitlement.

2 points   

QUESTION 34

_____________________ have the potential to lead to unethical actions.

Pay differentials

Floater holidays

Incentive payments

Program sales

2 points   

QUESTION 35

Ever since the organization began a group incentive program, John has noticed that his team appears more loyal to one another than they were before the group incentive program began. Which advantage of group incentives does this illustrate?

promotes better teamwork

broadens individual outlook

requires less supervision

is easier to develop than individual incentive programs

2 points   

QUESTION 36

When we need people to cooperate, we should use ____________.

performance evaluations

pay secrecy

group incentives

individual incentives

2 points   

QUESTION 37

A common advantage of group incentives is that:

the best performers will maximize their efforts to make up for free riders.

there is very little chance of infighting or conflict with group incentives.

they always equally reward the performance of all employees.

they encourage team members to compete with each other.

they broaden the individual outlook of group members.

2 points   

QUESTION 38

_______________ and _______________ are the keys to successful piece-rate plans.

Standards; feedback

Feedback; recognition

Standards; bonuses

Recognition; motivation

Bonuses; feedback

nonqualified

qualified

challenged

governed

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