HRM701 chapter 11 Exam ( Latest 2026/2027 Update) with
Questions and Verified Answers| | 100% Correct | Grade A+
• Question
A large portion of an organization's total payroll is devoted to employee benefits and
this figure has risen over the past few decades. Which of the following has NOT
contributed to this increasing cost?
Correct Answer: the use of online, interactive benefits programs
• Question
Which of the following is a key reason why employers need to communicate the extent
and value of the benefits they provide?
Correct Answer: Employees generally underestimate the value of the benefits offered.
• Question
Which of the following would NOT be considered a primary objective of most benefits
programs?
Correct Answer: reducing turnover
• Question
Which of the following do employers often use to obtain employee input regarding
benefits packages?
Correct Answer: opinion surveys
• Question
Susie Jones has definite preferences in terms of the benefits offered by her employer.
Susie will be able to select the benefits she values highly and avoid those she does not
need or want if her employer offers which benefit format?
Correct Answer: a flexible benefits plan
• Question
How has the diverse workforce impacted benefits programs?
Correct Answer: by requiring benefit programs to consider family-friendly options
• Question
Which of the following best describes flexible benefit plans?
Correct Answer: They allow employees to choose benefits suited to their needs
,• Question
Which of the following is a fast, convenient, and interactive way employees can learn
about or change their benefits?
Correct Answer: employee self-service (ESS) systems
• Question
Ideally, which of the following should apply to an organization's benefits system?
Correct Answer: It should be aligned to the overall strategy of the organization.
• Question
Bob Sankar, an accountant at ABM Media Inc., earns below market compensation but
continues to work with the organization because of its excellent retirement benefits. In
this instance, which benefits objective is most relevant?
Correct Answer: retention
• Question
Which of the following statements does NOT describe management concerns about
benefits?
Correct Answer: Management is concerned with promoting a shift from a
self-responsibility to entitlement mindset.
• Question
Management at ABC Inc. wants to introduce a new benefit that is not required by law.
Which of the following should it do first?
Correct Answer: establish that there is a need for it
• Question
Legally required employee benefits amount to 12 percent of the benefits packages that
Canadian employers provide. Which one of the following benefits is not required?
Correct Answer: retirement savings
• Question
Which of the following is NOT a benefit provided under CPP/QPP?
Correct Answer: sick leave benefits
• Question
Many organizations use the services of professional benefits vendors to administer their
benefits. What is this is a form of?
Correct Answer: outsourcing
, • Question
Which of the following statements does NOT describe workers' compensation?
Correct Answer: All employers pay the same premium rate to be eligible for workers'
compensation.
• Question
Great Parcel Inc. has numerous office locations across Canada, including isolated areas
with no access to the Internet. Which of the following would be the most efficient way to
communicate a new benefit to all its employees?
Correct Answer: payroll inserts
• Question
Which of the following is NOT necessary for an organization to consider when developing
its benefits program?
Correct Answer: the globalization of benefits
• Question
The Meat Shop, one of Canada's best employers according to a recent survey, is
considering ways to contain its rising benefits costs. Which of the following is NOT a wise
option?
Correct Answer: making cuts to mandatory benefits
• Question
The growth in health care costs can be attributed to a number of factors. Which of the
following is NOT one of those factors?
Correct Answer: the mandatory retirement age
• Question
Which of the following usually increases the costs of benefits?
Correct Answer: an increase in base pay
• Question
Holiday pay, sick leave, and vacation pay are examples of which of the following?
Correct Answer: payment for time not worked
• Question
Bob Jones has just been permanently laid off from his present position. His company,
ACME Manufacturing, has issued Bob a cheque that represents one month's pay for
every year Bob worked at ACME. What is this cheque?
Correct Answer: Bob's severance pay
Questions and Verified Answers| | 100% Correct | Grade A+
• Question
A large portion of an organization's total payroll is devoted to employee benefits and
this figure has risen over the past few decades. Which of the following has NOT
contributed to this increasing cost?
Correct Answer: the use of online, interactive benefits programs
• Question
Which of the following is a key reason why employers need to communicate the extent
and value of the benefits they provide?
Correct Answer: Employees generally underestimate the value of the benefits offered.
• Question
Which of the following would NOT be considered a primary objective of most benefits
programs?
Correct Answer: reducing turnover
• Question
Which of the following do employers often use to obtain employee input regarding
benefits packages?
Correct Answer: opinion surveys
• Question
Susie Jones has definite preferences in terms of the benefits offered by her employer.
Susie will be able to select the benefits she values highly and avoid those she does not
need or want if her employer offers which benefit format?
Correct Answer: a flexible benefits plan
• Question
How has the diverse workforce impacted benefits programs?
Correct Answer: by requiring benefit programs to consider family-friendly options
• Question
Which of the following best describes flexible benefit plans?
Correct Answer: They allow employees to choose benefits suited to their needs
,• Question
Which of the following is a fast, convenient, and interactive way employees can learn
about or change their benefits?
Correct Answer: employee self-service (ESS) systems
• Question
Ideally, which of the following should apply to an organization's benefits system?
Correct Answer: It should be aligned to the overall strategy of the organization.
• Question
Bob Sankar, an accountant at ABM Media Inc., earns below market compensation but
continues to work with the organization because of its excellent retirement benefits. In
this instance, which benefits objective is most relevant?
Correct Answer: retention
• Question
Which of the following statements does NOT describe management concerns about
benefits?
Correct Answer: Management is concerned with promoting a shift from a
self-responsibility to entitlement mindset.
• Question
Management at ABC Inc. wants to introduce a new benefit that is not required by law.
Which of the following should it do first?
Correct Answer: establish that there is a need for it
• Question
Legally required employee benefits amount to 12 percent of the benefits packages that
Canadian employers provide. Which one of the following benefits is not required?
Correct Answer: retirement savings
• Question
Which of the following is NOT a benefit provided under CPP/QPP?
Correct Answer: sick leave benefits
• Question
Many organizations use the services of professional benefits vendors to administer their
benefits. What is this is a form of?
Correct Answer: outsourcing
, • Question
Which of the following statements does NOT describe workers' compensation?
Correct Answer: All employers pay the same premium rate to be eligible for workers'
compensation.
• Question
Great Parcel Inc. has numerous office locations across Canada, including isolated areas
with no access to the Internet. Which of the following would be the most efficient way to
communicate a new benefit to all its employees?
Correct Answer: payroll inserts
• Question
Which of the following is NOT necessary for an organization to consider when developing
its benefits program?
Correct Answer: the globalization of benefits
• Question
The Meat Shop, one of Canada's best employers according to a recent survey, is
considering ways to contain its rising benefits costs. Which of the following is NOT a wise
option?
Correct Answer: making cuts to mandatory benefits
• Question
The growth in health care costs can be attributed to a number of factors. Which of the
following is NOT one of those factors?
Correct Answer: the mandatory retirement age
• Question
Which of the following usually increases the costs of benefits?
Correct Answer: an increase in base pay
• Question
Holiday pay, sick leave, and vacation pay are examples of which of the following?
Correct Answer: payment for time not worked
• Question
Bob Jones has just been permanently laid off from his present position. His company,
ACME Manufacturing, has issued Bob a cheque that represents one month's pay for
every year Bob worked at ACME. What is this cheque?
Correct Answer: Bob's severance pay
