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WGU C202 - Chapter 11 Exam Questions and Answers Graded A+

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WGU C202 - Chapter 11 Exam Questions and Answers Graded A+ The goal of an organization that offers the benefits of housing, relocation, and transportation allowance is to ________. - decrease absenteeism - attract recruits - increase financial security - increase retirement security - Answers Attract Recruits ________ provides temporary income during periods of involuntary unemployment. - FMLA - Unemployment insurance - Workers' compensation - Social Security - Answers Unemployment Insurance Social Security is considered a(n) ________ benefit. - optional - special - customary - mandatory - Answers Mandatory Life insurance is considered a(n) ________ benefit. - optional - special - customary - mandatory - Answers Customary Domestic partner benefits are considered a(n) ________ benefit. - special - optional - mandatory - customary - Answers Optional Pays a sum of money to the beneficiary or beneficiaries after the death of an insured individual - Answers Life Insurance One of the five mandatory benefits, requires most employers to provide employees up to 12 weeks (for military, 26 weeks) of unpaid leave under specified circumstances. - Answers Family Medical Leave Act of 1993 (FMLA) The combined value of direct (pay and bonuses) and indirect (nonwage) compensation - Answers Total Compensation (Total Rewards) One of the five mandatory benefits; gives workers and their families who lose their health benefits the right to choose to continue group health plan benefits - Answers COBRA Commonly provided benefits that are viewed as an entitlement by employees. - Answers Customary Benefits The point at which an employee earns a nonforfeitable right to benefits funded by employer contributions. - Answers Vesting Provides healthcare coverage for employees and their dependents - Answers Health Insurance Nonwage compensation or rewards given to employees (indirect compensation) - Answers Employee Benefits

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WGU C202 - Chapter 11 Exam Questions and Answers Graded A+

The goal of an organization that offers the benefits of housing, relocation, and transportation
allowance is to ________.

- decrease absenteeism

- attract recruits

- increase financial security

- increase retirement security - Answers Attract Recruits

________ provides temporary income during periods of involuntary unemployment.

- FMLA

- Unemployment insurance

- Workers' compensation

- Social Security - Answers Unemployment Insurance

Social Security is considered a(n) ________ benefit.

- optional

- special

- customary

- mandatory - Answers Mandatory

Life insurance is considered a(n) ________ benefit.

- optional

- special

- customary

- mandatory - Answers Customary

Domestic partner benefits are considered a(n) ________ benefit.

- special

- optional

- mandatory

, - customary - Answers Optional

Pays a sum of money to the beneficiary or beneficiaries after the death of an insured individual -
Answers Life Insurance

One of the five mandatory benefits, requires most employers to provide employees up to 12
weeks (for military, 26 weeks) of unpaid leave under specified circumstances. - Answers Family
Medical Leave Act of 1993 (FMLA)

The combined value of direct (pay and bonuses) and indirect (nonwage) compensation -
Answers Total Compensation (Total Rewards)

One of the five mandatory benefits; gives workers and their families who lose their health
benefits the right to choose to continue group health plan benefits - Answers COBRA

Commonly provided benefits that are viewed as an entitlement by employees. - Answers
Customary Benefits

The point at which an employee earns a nonforfeitable right to benefits funded by employer
contributions. - Answers Vesting

Provides healthcare coverage for employees and their dependents - Answers Health Insurance

Nonwage compensation or rewards given to employees (indirect compensation) - Answers
Employee Benefits

Promises participants a monthly benefit at retirement. - Answers Defined Benefit Retirement
Plan

Communicating total compensation in detail through a written summary of employee direct and
indirect compensation - Answers Total Compensation Statement

One of the five mandatory benefits, includes retirement income to qualified workers and their
spouses after working a certain number of hours, employees and the employe both make
required contributions - Answers Social Security

Supplements workers' compensation insurance to provide continued income in the event of an
employee becoming disabled - Answers Disability Insurance

An employee physically comes to work but does not function at his or her full potential -
Answers Presenteeism

Two people who are not married but are in a same-sex or opposite-sex arrangement similar to
marriage - Answers Domestic Partners

The employer, the employee, or both contribute to the employee's individual account, and the
contributions are invested on the participant's behalf - Answers Defined Contribution Retirement

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