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Regulatory Environments for Compensation Programs Questions and Answers

Questions 1

Employer-sponsored death benefits are most commonly based on which of the following?

Options:

A.

The size of the employee's family

B.

The employee's annual salary

C.

The employee's health history

D.

The employee's premium contributions   

Questions 2

Which of the following best describes present value?

Options:

A.

The current value of holdings

B.

The current value of holdings and how much it will grow over time at a given rate of return

C.

The desired value in the future and what needs to be invested today to realize that amount

D.

The difference between the desired value in the future and the current value as a percentage of the desired value

Questions 3

Which of the following might be an example of the influence of the Americans with Disabilities Act on compensation?

Options:

A.

Job descriptions must be written to ensure they cover the critical functions of the job

B.

Companies should determine pay based on physical skills

C.

Companies must conduct pre-employment medical exams on all new employees

D.

Special promotion requirements must be developed for the disabled employee

Next Question