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MCQs

Total Questions : 211 | Page 20 of 22 pages
Question 191. The employee stock options, deferred compensations and executive stock options are classified as techniques of
  1.    individual pay plans
  2.    group based pay plans
  3.    organization wide pay plans
  4.    organization wide base pay
 Discuss Question
Answer: Option C. -> organization wide pay plans
Answer: (c).organization wide pay plans
Question 192. The system which is followed in organizations to distribute some portion from profits to all employees in organization is classified as
  1.    profit sharing
  2.    gain sharing
  3.    broad banding
  4.    draw sharing
 Discuss Question
Answer: Option A. -> profit sharing
Answer: (a).profit sharing
Question 193. The cost reduction, quality improvement and gain sharing are classified as techniques of
  1.    organization wide pay plans
  2.    organization wide base pay
  3.    individual pay plans
  4.    group based pay plans
 Discuss Question
Answer: Option D. -> group based pay plans
Answer: (d).group based pay plans
Question 194. The objectives of using techniques of profit sharing to give incentive the employees include
  1.    improve employee morale
  2.    improve product quality
  3.    recruit employees
  4.    all of the above
 Discuss Question
Answer: Option D. -> all of the above
Answer: (d).all of the above
Question 195. The amount of compensation which is linked to teams, individuals and organizational performance is classified as
  1.    non-exempted pay
  2.    exempted pay
  3.    variable pay
  4.    base pay
 Discuss Question
Answer: Option C. -> variable pay
Answer: (c).variable pay
Question 196. The types of piece-rate systems include
  1.    straight piece rate system
  2.    differential piece rate system
  3.    primacy piece rate system
  4.    both a and b
 Discuss Question
Answer: Option D. -> both a and b
Answer: (d).both a and b
Question 197. One time paid payment at the time of termination of employees is classified as
  1.    compensation pay
  2.    supplemental pay
  3.    sick leave pay
  4.    severance pay
 Discuss Question
Answer: Option D. -> severance pay
Answer: (d).severance pay
Question 198. The types of pension plans include
  1.    contributory versus noncontributory
  2.    defined contribution versus defined benefit
  3.    qualified versus non-qualified
  4.    all of above
 Discuss Question
Answer: Option D. -> all of above
Answer: (d).all of above
Question 199. The benefits given to the victims who have work-related accidents are called
  1.    insured compensation
  2.    supplemental compensation
  3.    workers compensation
  4.    optional compensation
 Discuss Question
Answer: Option C. -> workers compensation
Answer: (c).workers compensation
Question 200. Communications and employs' participation is the part of
  1.    company's plan
  2.    strategic plan
  3.    vision
  4.    mission
 Discuss Question
Answer: Option A. -> company's plan
Answer: (a).company's plan

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