Retirement Benefit Plan MCQs Quiz Online PDF Download

Learn retirement benefit plan MCQs, HRM test for online courses learning and test prep to practice. Managing employee benefits quiz has multiple choice questions (MCQ), retirement benefit plan quiz questions and answers to learn for distance learning MBA exam preparation.

MBA HRM practice test MCQ on pension plan in which benefits of pension is paid in by both parties involved, such as employers and employees is classified as with options non-discretionary plan, discretionary plan, contributory plan and non-contributory plan problem solving skills for viva, competitive exam prep, interview questions with answer key. Free study guide is for online learning retirement benefit plan quiz with MCQs to practice test questions with answers. Retirement Benefit Plan Video

MCQs on Retirement Benefit Plan Quiz PDF Download

MCQ. Pension plan in which benefits of pension is paid in by both parties involved, such as employers and employees is classified as

  1. non-discretionary plan
  2. discretionary plan
  3. contributory plan
  4. non-contributory plan

C

MCQ. Type of pension plan in which all benefits of pension are provided by employer of organization is classified as

  1. contributory plan
  2. non-contributory plan
  3. non-discretionary plan
  4. discretionary plan

B

MCQ. In pension plans for employees, special account through which funds are remained nontaxable until employee retires is classified as

  1. Keogh retirement account
  2. vesting account
  3. portability account
  4. individual retirement account

D

MCQ. Kind of benefit plan in which employee is promised to get a pension amount based on service and age of employee is classified as

  1. contributory plan
  2. defined benefit plan
  3. defined contribution plan
  4. noncontributory plan

B

MCQ. Kind of benefit plan in which annual payment of pension is made to employee's pension account is classified as

  1. defined contribution plan
  2. noncontributory plan
  3. contributory plan
  4. defined benefit plan

A