Benefits and Services Multiple Choice Questions Test 1 Tests pdf Download

Practice BBA HRM test 1 on benefits and services multiple choice questions online for learning. Practice retirement benefits MCQs questions and answers on retirement benefits, flexible benefits programs with answers. Free benefits and services revision notes has answer key with choices as early retirement window, cash balance plans, deferred profit sharing plan and savings and thrift plan of multiple choice questions (MCQ) as employees pension plan in which employees contribute a portion of earning into fund is classified as to test learning skills. Study to learn retirement benefits quiz questions to practice MCQ based online exam preparation test.

MCQ on Benefits and Services Test 1 Quiz pdf Download

MCQ. Employees pension plan in which employees contribute a portion of earning into fund is classified as

  1. cash balance plans
  2. early retirement window
  3. deferred profit sharing plan
  4. savings and thrift plan

D

MCQ. Pension plan in which specific amount of profit is transferred to employees account that are payable at time of retirement or death is classified as

  1. deferred profit sharing plan
  2. savings and thrift plan
  3. cash balance plans
  4. early retirement window

A

MCQ. Pension plans in which specific percentage of an employee's pay is contributed by an employer are classified as

  1. cash balance plans
  2. severance pay plans
  3. early retirement window plans
  4. employee stock ownership plans

A

MCQ. Benefit plans that accommodate employee preferences of planning for benefit which is allowed by employer are classified as

  1. cafeteria benefit plans
  2. fixed benefit plans
  3. flexible benefit plans
  4. both a and c

C

MCQ. Kind of pension plan in which employers contribution is specified in employees retirement savings funds is classified as

  1. defined benefit pension plan
  2. defined contribution pension plan
  3. defined non contributory pension plan
  4. deferred contribution pension plan

B

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