ONLINE QUIZ QUESTIONS

Chapter 21

THE EMPLOYEE’ S SAFETY NETS: UNEMPLOYMENT AND WORKERS’ COMPENSATION, SOCIAL SECURITY, AND RETIREMENT PLANS

Multiple Choice Questions

1. The Federal Employment Liability Act is designed to protect and compensate:

a.railroad workers.

b.military personnel.

c.federal government employees.

d.healthcare providers.

ANSWER:(a)

2. Eligibility for unemployment compensation requires that the _____ occur in a specific set of circumstances.

a.termination

b.idleness

c.unemployment

d.disability

ANSWER:(b)

3. _____ and _____ are the two main disqualifications to claimunemployment compensation for anout-of-work worker.

a.Felony; wrongful discharge

b.Negligence; willful misconduct

c.Discrimination; hostile environment

d.Willful misconduct; voluntary quitting

ANSWER:(d)

4. Unemployment benefits are paid for by a tax on the _____ and an equal levy on the _____.

a.company’s products; company’s profit

b.union funds; pension funds

c.wages of the workers; employer’s total payroll

d.consumers; Social Security funds

ANSWER:(c)

5. Which of the following deserves to be considered work related to qualify for workers’ compensation?

a.Over a minor scuffle at the company cafeteria, Sylvester was attacked by Rob.

b.While on the way to office, Sylvester had an accident and sustained minor injuries.

c.Being a smoker, Sylvester’s bronchitis aggravated owing to dust particles inhaled at work.

d.Sylvester cut his arm at the lathe as the belt holding the wheel snapped owing to wear and tear.

ANSWER:(d)

6. The original and the main purpose of _____ is to provide partial replacement of earnings when a worker decides it is time to retire.

a.employee benefits

b.welfare funds

c.tax exemption

d.social security

ANSWER:(d)

7. Monthly benefits are payable to a retired insured worker from the age of:

a.sixty-two.

b.twenty-two.

c.sixty-one.

d.fifty-three.

ANSWER:(a)

8. Part A of medicare includes all of the following except:

a.hospital insurance for inpatient hospital care.

b.inpatient skilled nursing care.

c.supplementary medical insurance.

d.hospice care.

ANSWER:(c)

9. The pension plan administrators should disclose the relevant financial information to:

a.the federal appellate court.

b.third party arbitrator and the employer.

c.employees and the government.

d.employers and the bargaining representatives.

ANSWER:(c)

Matching Question

10. Match each term below to its correct definition:

UnemploymentCompensation:Benefits paid toemployees out of workthrough no fault of theirown and who areavailable for suitablework if and when itbecomes available.

Willful misconduct:The high level of fault that disqualifies an out-ofwork worker from unemployment benefits.

Workers’Compensation: Benefits awarded anemployee when injuriesare work related.

Employee RetirementIncome Security Act: An act that sets standardsfor pension plansincluding fiduciaryconduct, informationdisclosure, plan taxation,and remedies foremployees.

Fiduciary: Any person exercisingdiscretionary authorityover benefit planadministration,management, ordisposition of planassets; or who rendersinvestment adviceregarding the plan.