QUESTION Which of the following principles most strongly justifies the HR representative’s position? A) Equitable employee compensation is a matter of opinion and cannot be proven one way or another. B) Employee compensation tied to performance is more equitable than employee performance tied to years of service. C) Employee compensation is reasonable if it increases […]
QUESTION Which of the following, if true, supports the employee’s complaint against HR? A) The company has more employees this year than it did last year. B) The benefits package offered by the company is less than the industry average. C) The benefits package offered by the company is greater than the industry average. D) […]
QUESTION Which of the following, if true, strengthens the case for Tyrell & Mason to offer a PPO insurance plan to its employees? A) Most of Tyrell & Mason’s employees place a low priority on healthcare. B) Most of Tyrell & Mason’s employees would appreciate as much flexibility as possible in their healthcare decisions. C) […]
QUESTION Which of the following is at issue between the employee and the HR representative? A) whether the cost of living has gone up B) the amount of scheduled raises for employees C) whether employees are adequately compensated D) how well the company has done in the past year E) the salaries that employees currently […]
QUESTION All of the following, if true, support the HR representative’s argument EXCEPT: A) The company has paid out substantial bonuses in addition to employee salaries. B) The company has reduced the cost of company-sponsored insurance plans. C) Insurance plans offered by the company now cover more kinds of treatment and require lower employee contributions […]
QUESTION Output hardware consists of devices that translate information from humans into a format that computers can understand. Indicate whether the statement is true or false. ANSWER Answer: FALSE Explanation: Output hardware consists of devices that translate information processed by a computer into a form that humans can understand. A monitor and printer are […]
QUESTION Which of the following is NOT a benefit provided by workers’ compensation insurance? A) medical care B) benefits to survivors of workers who die of work-related injuries C) rehabilitation services D) financial benefits E) unemployment benefits ANSWER Answer: E Explanation: E) Workers’ compensation insurance provides financial benefits as well as coverage of medical […]
QUESTION Does health insurance involve pure risk or speculative risk for the insured? Explain. What will be an ideal response? ANSWER Answer: Health insurance involves pure risk for the insured. Pure risk involves a chance for either loss or no loss; there is no possibility of gain. The insured pay their premiums whether they […]
QUESTION Which of the following is a situation for which insurance will cover you? A) Marcy is not sure she is going to like her new job, but she cannot survive financially if she doesn’t keep it. She wants to buy salary insurance in the event she wants to quit the job. B) Electronics R […]
QUESTION Which of the following is an example of transaction offered by a stock insurance company? A) Anita got a dividend check in the mail from her auto insurance company. B) Albert was assessed a fee by his homeowner’s policy because the insurance company suffered losses this year. C) Hal’s insurance company did so well […]
