HRM 324 Week 4 Quiz

Attached, you will find a multiple-choice quiz.  You can either highlight the correct response, record your response on a separate sheet of paper, but just make sure your answer selection is clear.  I do ask that you do not delete responses because this might change the numbering and I could inadvertently mark your response wrong.

Upon completion, submit through the assignment link.

If you have a question regarding the quiz, you can post them in the discussion area or send me a private message.

1. Management by objective is part of which type of performance appraisal system?
2. goal-oriented system
3. trait system
4. behavioral observation scale
5. behaviorally-anchored rating scale

2.    This performance appraisal system is highly defensible in court because it is based on actual observable job performance behaviors.

1. behaviorally-anchored rating scales
2. behavioral observation scales
3. behavior-assessment rating scales
4. behavior incident scales

3.    This incentive plan uses a value-added formula to measure productivity.

1. Improshare
2. Rucker Plan
3. Scanlon Plan
4. piecework plan

4.    These are three methods companies can use to distribute company profits to its employees.

1. a graduated first-dollar-of-profits formula, proportional payments based on contribution to profits, equal payments
2. equal payments, proportional payments based on annual salary, proportional payments based on contribution to profits
3. a graduated first-dollar-of-profits formula, proportional payments based on annual salary, equal payments
4. proportional payments based on contribution to profits, a graduated first-dollar-of-profits formula, proportional payments based on annual salary

5.    This type of flexible work schedule allows employees to work four 10-hour days a week.

1. flextime
2. compressed work week
3. job sharing
4. reduced work week

6.   This type of discretionary benefit would allow an employee to get help dealing with the affects of domestic violence.

1. family assistance program
2. employee assistance program
3. wellness program
4. employer assistance program

7.   Marty’s employer has a prescription drug plan that will only make him pay 20% of cost of his prescription, if he goes only to certain pharmacies.  What type of prescription drug plan does he have?

1. prescription reimbursement plan
2. medical reimbursement plan
3. mail order prescription drug plan
4. prescription card program

8. Companies establish retirement plans following which of these three design configurations?
9. Defined benefit, defined contribution, hybrid
10. Qualified benefit, qualified contribution, hybrid
11. Qualified benefit, nonqualified benefit, hybrid
12. Funded, unfunded, hybrid

9.    This Medicare Plan was established with the passage of the Balanced Budget Act of 1997.

1. Medicare Select
2. Medicare Prescription Drug Program
3. Medicare Advantage
4. Medigap

10.  Which type of contingent worker is most likely to be involved in a job sharing arrangement?

1. part-time employees
2. temporary employees
3. leased employees
4. independent contractors

11.  A golden parachute clause can be triggered by which of the following?

1. corporate takeover
2. disability
3. retirement
4. resignation

12.  To be covered by FLSA overtime and minimum wage provisions, seasonal employees must work for a company that is open how many months in a year?

1. 6
2. 7
3. 11
4. 12