Benefits and Services Multiple Choice Questions 1 PDF Download

Practice benefits and services multiple choice questions (MCQs), HRM test 1 online for exams. Practice retirement benefits MCQs questions and answers on retirement benefits, flexible benefits programs with answers. Free benefits and services quiz, online study guide has helping answer key with choices as early retirement window, cash balance plans, deferred profit sharing plan and savings and thrift plan of multiple choice questions as in employees pension plan, a portion of employees earnings contribution into fund, classified as to test learning skills for viva exam preparation and job's interview questions. Study to learn retirement benefits quiz questions to learn online MCQs for competitive exam preparation test. Retirement Benefits Video

MCQ on Benefits and Services Quiz PDF Download Test 1

MCQ. In employees pension plan, a portion of employees earnings contribution into the fund, classified as

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

D

MCQ. The pension plan, in which specific amount of profit is transferred to employees account, that are payable at the 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. A pension plan, an employer's acknowledgement of financial standing of employee's account, placing percentage on the basis of annual compensation and interest, regarded as

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

A

MCQ. A plan, accommodate employees preferences of planning for benefit, classified as

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

C

MCQ. The kind of pension plan in which employer's contribution is specified in employees retirement savings funds is classified as

  1. defined benefit pension plan
  2. defined contribution pension plan
  3. defined noncontributory pension plan
  4. deferred contribution pension plan

B