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Total Questions : 230 | Page 22 of 23 pages
Question 211. The situation in which higher risk employees use and select special benefits is classified as
  1.    flexible selection
  2.    noncontributory plan
  3.    adverse selection
  4.    contributory plan
 Discuss Question
Answer: Option C. -> adverse selection
Answer: (c).adverse selection
Question 212. The benefits that must be given to the employees according to the law in the United States are classified as
  1.    funding benefits
  2.    mandated benefits
  3.    voluntary benefits
  4.    involuntary benefits
 Discuss Question
Answer: Option B. -> mandated benefits
Answer: (b).mandated benefits
Question 213. The feature attached to pension plans for employees through which the employees can move their pension benefit from one employer to another employer is called
  1.    portability
  2.    Keogh plan
  3.    vesting
  4.    nesting
 Discuss Question
Answer: Option A. -> portability
Answer: (a).portability
Question 214. The approach of controlling the cost which helps in cost reduction of employees' medical using market alternatives and restrictions is classified as
  1.    contributory care
  2.    managed care
  3.    deferred care
  4.    vesting care
 Discuss Question
Answer: Option B. -> managed care
Answer: (b).managed care
Question 215. In pension plans for employees, the special account through which the funds are remained nontaxable until the employee retires is classified as
  1.    Keogh retirement account
  2.    vesting account
  3.    portability account
  4.    individual retirement account
 Discuss Question
Answer: Option D. -> individual retirement account
Answer: (d).individual retirement account
Question 216. The reward given to workers whose work exceeds some set standards is called
  1.    financial incentives
  2.    non-financial incentives
  3.    effective incentives
  4.    ineffective incentives
 Discuss Question
Answer: Option A. -> financial incentives
Answer: (a).financial incentives
Question 217. If a worker gets a premium for extra 'output' than a 'set standard' is called
  1.    standard hour plan
  2.    standard piece rate
  3.    standard piecework
  4.    variable hour plan
 Discuss Question
Answer: Option A. -> standard hour plan
Answer: (a).standard hour plan
Question 218. The public recognition such as an award in organized function is the best classified as an example of
  1.    financial awards
  2.    non-financial rewards
  3.    proportional award
  4.    fixed award
 Discuss Question
Answer: Option B. -> non-financial rewards
Answer: (b).non-financial rewards
Question 219. Employees beliefs that successful performance leads to rewards is the best explanation of
  1.    expectancy
  2.    instrumentality
  3.    valence
  4.    de-expectancy
 Discuss Question
Answer: Option B. -> instrumentality
Answer: (b).instrumentality
Question 220. The motivation theory shows the downside of 'extrinsic rewards' is explained in
  1.    Victor Vroom expectancy theory
  2.    Edward Deci motivation theory
  3.    Maslow's motivation theory
  4.    Fredrick Herzberg motivation theory
 Discuss Question
Answer: Option B. -> Edward Deci motivation theory
Answer: (b).Edward Deci motivation theory

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