2/8/25, 4:57 AM CEBS GBA - Module 1 2025|Complete Exam Test |Recently Testing Real Exam Questions|Verified Solutions (100% correct) Fla…
CEBS GBA - Module 1 2025|Complete Exam Test
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Terms in this set (112)
Addition of benefits as an
offset to higher labor
Fringe Benefits
"Virtually any form of
compensation other than direct
Broad View
wages"
https://quizlet.com/1003091877/cebs-gba-module-1-2025complete-exam-test-recently-testing-real-exam-questionsverified-solutions-100-correct-… 1/17
,2/8/25, 4:57 AM CEBS GBA - Module 1 2025|Complete Exam Test |Recently Testing Real Exam Questions|Verified Solutions (100% correct) Fla…
Benefits that stem from an
employment relationship, not
Limited (Narrow) View
underwritten or paid for
directly by the government
Business, tax legislation,
Reasons for growth in collective bargaining,
Employee Benefit Plans efficiency of the approach
Administered by the NLRB,
requires good faith bargaining
Labor Management
between employers and
Relations Act (Taft
employees in the matters of
Hartley Act)
hours, wages, and working
conditions.
Employees started moving to
employers in Cities, the
grouping of employees made
Effect of the Industrial
it easier to cover all employees
Revolution
under one contract. Employer
benefits are convenient and
simple.
Wages were limited due to the
government, employee
Effect of World War II
benefits were deemed as
compensation.
Only certain groups are
eligible (a specific company's
employees), steady flow of
Group Technique
lives (cost increases as age
increases), minimum number of
lives.
https://quizlet.com/1003091877/cebs-gba-module-1-2025complete-exam-test-recently-testing-real-exam-questionsverified-solutions-100-correct-… 2/17
, 2/8/25, 4:57 AM CEBS GBA - Module 1 2025|Complete Exam Test |Recently Testing Real Exam Questions|Verified Solutions (100% correct) Fla…
Organized system for
analyzing audience,
participants exposure to risk,
focused on employee needs,
Functional Approach
reducing company loss, and
being thoughtful of cost
parameters, originated in 1967
by George C. Foust.
Uncertainty when thinking in
terms of a 'loss' (Loss referring
to the insurance of a decrease
Risk
in value). Eg. Illness, death,
disability, unemployment, cost
of medical bills .
The cause of
personal/property loss,
Peril
destruction, or damage.
A condition that increases the
probability of a peril occurring
Hazard
or that can increase the loss in
the event of a peril.
The presence of flammable
materials in absence of
Physical Hazard extinguishers, machines without
safety mechanisms, faulty
heating/air conditioner units.
Dishonest, unethical, and
immoral people - those who
steal/damage company
Moral Hazard
property; file fraudulent
medical claims, abuse sick time,
falsify pay records or expenses
https://quizlet.com/1003091877/cebs-gba-module-1-2025complete-exam-test-recently-testing-real-exam-questionsverified-solutions-100-correct-… 3/17
CEBS GBA - Module 1 2025|Complete Exam Test
|Recently Testing Real Exam Questions|Verified
Solutions (100% correct)
Save
Practice questions for this set
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
Terms in this set (112)
Addition of benefits as an
offset to higher labor
Fringe Benefits
"Virtually any form of
compensation other than direct
Broad View
wages"
https://quizlet.com/1003091877/cebs-gba-module-1-2025complete-exam-test-recently-testing-real-exam-questionsverified-solutions-100-correct-… 1/17
,2/8/25, 4:57 AM CEBS GBA - Module 1 2025|Complete Exam Test |Recently Testing Real Exam Questions|Verified Solutions (100% correct) Fla…
Benefits that stem from an
employment relationship, not
Limited (Narrow) View
underwritten or paid for
directly by the government
Business, tax legislation,
Reasons for growth in collective bargaining,
Employee Benefit Plans efficiency of the approach
Administered by the NLRB,
requires good faith bargaining
Labor Management
between employers and
Relations Act (Taft
employees in the matters of
Hartley Act)
hours, wages, and working
conditions.
Employees started moving to
employers in Cities, the
grouping of employees made
Effect of the Industrial
it easier to cover all employees
Revolution
under one contract. Employer
benefits are convenient and
simple.
Wages were limited due to the
government, employee
Effect of World War II
benefits were deemed as
compensation.
Only certain groups are
eligible (a specific company's
employees), steady flow of
Group Technique
lives (cost increases as age
increases), minimum number of
lives.
https://quizlet.com/1003091877/cebs-gba-module-1-2025complete-exam-test-recently-testing-real-exam-questionsverified-solutions-100-correct-… 2/17
, 2/8/25, 4:57 AM CEBS GBA - Module 1 2025|Complete Exam Test |Recently Testing Real Exam Questions|Verified Solutions (100% correct) Fla…
Organized system for
analyzing audience,
participants exposure to risk,
focused on employee needs,
Functional Approach
reducing company loss, and
being thoughtful of cost
parameters, originated in 1967
by George C. Foust.
Uncertainty when thinking in
terms of a 'loss' (Loss referring
to the insurance of a decrease
Risk
in value). Eg. Illness, death,
disability, unemployment, cost
of medical bills .
The cause of
personal/property loss,
Peril
destruction, or damage.
A condition that increases the
probability of a peril occurring
Hazard
or that can increase the loss in
the event of a peril.
The presence of flammable
materials in absence of
Physical Hazard extinguishers, machines without
safety mechanisms, faulty
heating/air conditioner units.
Dishonest, unethical, and
immoral people - those who
steal/damage company
Moral Hazard
property; file fraudulent
medical claims, abuse sick time,
falsify pay records or expenses
https://quizlet.com/1003091877/cebs-gba-module-1-2025complete-exam-test-recently-testing-real-exam-questionsverified-solutions-100-correct-… 3/17
