Employee Compensation & 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.

Choose the correct response for this statement:

All employee financial rewards are extrinsic.

Question 2 2. Which of the following is not an example of a financial reward that can be given to an employee?

Question 3 3.

Which are included in any employee's employment package?

A. Financial Compensation

B. Work Content

C. Benefits

D. Career

Question 4 4. Which of the following is NOT covered by FMLA?

Question 5 5. Who enforces FMLA?

Page 2

Question 6 6. How long must an employee have worked with a covered employer to qualify for FMLA leave?

Question 7 7. Employee incentive programs can ____________.

Question 8 8. Which of the following is not an example of an employee incentive?

Question 9 9. The difference between salary and an incentive is ____________.

Question 10 10. Which of the following is NOT covered by the Fair Labor Standards Act?

Page 3

Question 11 11. Sue is 16 years old and wants a job. What limitations does the FLSA place upon Sue's employment?

Question 12 12. A restaurant owner pays one of his waiters the federal minimum of $7.25 dollars an hour in a state with a minimum wage of $8.50 an hour. Why are such actions legal?

Question 13 13. How is a defined benefit plan different from a defined contribution plan?

Question 14 14. What federally charted corporation is established by ERISA?

Question 15 15. Which of the following is the enforcing department for ERISA?

Page 4

Question 16 16. Which section of HIPAA clarifies the requirements of COBRA?

Question 17 17. What is the privacy rule in HIPPA?

Question 18 18. Which section of HIPAA places limits on exclusions for pre-existing medical conditions?

Question 19 19. Identify which of the following benefited MOST from COBRA:

Question 20 20. Identify which of the following is an example of a profile where COBRA may be extended to up to 36 months:

Page 5

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

Question 22 22. Jonas, the owner of a small engine repair shop, is going to give all of his employees a paid day off on New Year's Eve if profit goals for the year are achieved. This form of compensation is called:

Question 23 23. Mary is an exempt supervisor of the accounting department. She worked 60 hours last week closing the books for month end. How much will she be paid ?

Question 24 24. Tom was top salesperson in the department and won a contest. His prize includes: a cash bonus, a small raise in his salary, the ability to buy company stock at a discount price and a slightly more flexible schedule. Identify which of these is indirect compensation:

Question 25 25. An employee's financial rewards are often tied to the company's ____.

Page 6

Question 26 26. Select the statement that best describes the Family Medical Leave Act (FMLA).

Question 27 27. Employee incentives are ____________.

Question 28 28. Which of the following is NOT legal, based on the FLSA?

Question 29 29. Identify the statement that is NOT correct about ERISA.

Question 30 30. Which section of HIPAA provides for deductions for medical insurance?

Employee Compensation & 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!

Association of Legal Administrators CLM Exam: Study Guide  /  Business Courses
Support