Copyright

Employee Benefits Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

Page 1

Question 1 1. What is the living wage for non-exempt employees under the FLSA?

Question 2 2. Unemployment compensation is reserved for workers who lost their jobs:

Question 3 3. Unemployment compensation is paid through the collection of:

Question 4 4. Which of the following is not one of the four general factors used to determine if the work is equal for purposes of the EPA?

Question 5 5. Where does one go to seek enforcement of WARN?

Page 2

Question 6 6. Which of the following companies is subject to the Employer Shared Responsibility provision under the Affordable Care Act?

Question 7 7. The FMLA allows certain employees to take up to:

Question 8 8. Identify which of the following benefited MOST from COBRA:

Question 9 9. The FMLA only applies to businesses that employ at least:

Question 10 10. Which type of retirement benefit plan allows employees to contribute with money that's already been taxed?

Page 3

Question 11 11. A tornado takes down a company's major client causing the company to undertake a massive layoff that usually requires a 60 days notice under WARN. Is there an exception to this requirement under these circumstances. If so, what is it?

Question 12 12. Justin makes $1000 per paycheck. He has a 401(k) plan and his employer has a 3% matching program. Justin decides he'd like to be more aggressive with his contributions, so he decides he's going to contribute 5% per paycheck. How much does this mean his employer will contribute per paycheck?

Question 13 13. Sometimes a worker can take FMLA to care for a covered service member with a serious injury or illness. This is called:

Question 14 14. Who will eventually be able to utilize the SHOP marketplace?

Question 15 15. Identify which of the following is an example of a profile where COBRA may be extended to up to 36 months:

Page 4

Question 16 16. Which of the following is NOT a qualifying event for purposes of COBRA benefits?

Question 17 17. What's the best explanation of bumping in the context of the WARN Act?

Question 18 18. Which of the following is an incorrect statement regarding the Affordable Care Act?

Question 19 19. The Social Security Act was just one of many pieces of legislation enacted in an attempt to ease difficulties during the Great Depression. These acts were collectively known as which of the following?

Question 20 20. An employee is injured in a forklift accident. An investigation discovers that the forklift was defective and the manufacturer had issued a recall notice but the employer had not complied with it yet. The employee receives workers' compensation benefits for the injury. What litigation options would give the employee the BEST chance of success?

Page 5

Question 21 21. What do COBRA benefits cost the employee?

Question 22 22. Unemployment compensation is usually:

Question 23 23. How many days prior notice must a covered employer usually provide a covered employee pursuant to WARN?

Question 24 24. What's the best explanation of a workers compensation system?

Question 25 25. Workers who voluntarily leave their jobs aren't usually eligible to collect unemployment compensation except when:

Page 6

Question 26 26. The Social Security Act was enacted in which year?

Question 27 27. What is a key difference between pension plans and 401(k) plans?

Question 28 28. FMLA leave may be used for each of the following reasons, EXCEPT:

Question 29 29. Which of the following is NOT a requirement for an employee to receive COBRA benefits?

Question 30 30. Unemployment compensation was established as a part of the:

Employee Benefits Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

GACE Business Education (542): Practice & Study Guide  /  Business Courses
Support