1. Troubled Asset Relief Program is a U.S. government program that ______ of troubled companies with the goal of stabilizing the U.S. economy.
Answer
Correct Answer:
Purchased financial assets
Note: This Question is unanswered, help us to find answer for this one
2. Simplified employee pensions allows a small business or self-employed individual to contribute a percentage of salary, tax free, to a retirement account.
Answer
Correct Answer:
True
Note: This Question is unanswered, help us to find answer for this one
3. Sarbanes-Oxley Act is a U.S. law that ______ independence and reporting standards to better protect investors from fraudulent accounting activities.
Answer
Correct Answer:
Increased accounting and finance
Note: This Question is unanswered, help us to find answer for this one
4. The primary purpose of retention awards is to celebrate the specific performance achievements of individuals by ______.
Answer
Correct Answer:
Publicly rewarding them.
Note: This Question is unanswered, help us to find answer for this one
5. Celebrating the specific performance achievements of individuals or groups by publicly rewarding them is the purpose of _________.
Answer
Correct Answer:
Recognition awards
Note: This Question is unanswered, help us to find answer for this one
6. Positive feedback remarks made by a ________ to a direct report concerning observed performance and designed to reinforce efforts leading to high performance.
Answer
Correct Answer:
Manager
Note: This Question is unanswered, help us to find answer for this one
7. Perquisites are frequently used as performance rewards for other workers.
Answer
Correct Answer:
True
Note: This Question is unanswered, help us to find answer for this one
8. A formal organizational process where managers and employees identify and discuss performance goals and standards is known as _____ .
Answer
Correct Answer:
Performance planning
Note: This Question is unanswered, help us to find answer for this one
9. The observation of workplace performance by a manager or team leader is known as _______ .
Answer
Correct Answer:
Performance observation
Note: This Question is unanswered, help us to find answer for this one
10. Performance management is broader than performance appraisal because it focuses on planning for performance
Answer
Correct Answer:
True
Note: This Question is unanswered, help us to find answer for this one
11. An agreed-upon performance standard by a manager and employee during the performance planning process is known as ______.
Answer
Correct Answer:
Performance contract
Note: This Question is unanswered, help us to find answer for this one
12. A retirement plan in which either the retiree receives a defined sum of money paid at a regular interval.
Answer
Correct Answer:
True
Note: This Question is unanswered, help us to find answer for this one
13. An organization’s use of an outside group to provide services—from a few services. This statement is related to _____ .
Answer
Correct Answer:
Outsourcing
Note: This Question is unanswered, help us to find answer for this one
14. OFCCP focuses on ensuring that organizations contracting with the federal government are in compliance with the relevant nondiscrimination laws and regulations.
Answer
Correct Answer:
True
Note: This Question is unanswered, help us to find answer for this one
15. Which of the correct statements about Nonexempt workers ?
Answer
Correct Answer:
Subject to the requirements of the Fair Labor Standards Act. Employers of nonexempt employees must pay them at least minimum wage.
Note: This Question is unanswered, help us to find answer for this one
16. Market benchmarking is a compensation practice designed to provide labor market rates for jobs in an organization.
Answer
Correct Answer:
True
Note: This Question is unanswered, help us to find answer for this one
17. Job evaluation is a rating or ranking system designed to create an _______ of job value.
Answer
Correct Answer:
Internal hierarchy
Note: This Question is unanswered, help us to find answer for this one
18. A type of retirement account that allows individuals to invest for retirement while providing tax benefits to investors is known as _____.
Answer
Correct Answer:
Individual retirement account
Note: This Question is unanswered, help us to find answer for this one
19. A performance tool that helps facilitate employee performance and development to reach both short-term and long-term performance goals is known as ______ .
Answer
Correct Answer:
Individual development plan
Note: This Question is unanswered, help us to find answer for this one
20. Incentive pay provided for some performance achievement. Unlike merit pay .
Answer
Correct Answer:
True
Note: This Question is unanswered, help us to find answer for this one
21. A work motivation theory with the fundamental tenet that goals and intentions are responsible for human behavior on the job is known as ______ .
Answer
Correct Answer:
Goal-setting theory
Note: This Question is unanswered, help us to find answer for this one
22. Employee benefit plans that allow the employee to choose the benefits they want from a set of benefits provided by an employer is known as ______ .
Answer
Correct Answer:
Flexible benefit plans
Note: This Question is unanswered, help us to find answer for this one
23. A federal payroll tax that funds Medicare and Social Security.this act is known as _____ .
Answer
Correct Answer:
Federal Insurance Contributions Act
Note: This Question is unanswered, help us to find answer for this one
24. Fair Labor Standards Act passed in ______ .
Answer
Correct Answer:
1938
Note: This Question is unanswered, help us to find answer for this one
25. Exempt workers is Not subject to the provisions of the Fair Labor Standards Act.
Answer
Correct Answer:
True
Note: This Question is unanswered, help us to find answer for this one
26. Equity Theory based on the perceived fairness of the employee–employer exchange.
Answer
Correct Answer:
True
Note: This Question is unanswered, help us to find answer for this one
27. Employee Retirement Income Security Act passed in
Answer
Correct Answer:
1974
Note: This Question is unanswered, help us to find answer for this one
28. Dodd-Frank Wall Street Reform and Consumer Protection Act passed in ______.
Answer
Correct Answer:
2010
Note: This Question is unanswered, help us to find answer for this one
29. _______ is the employee whose job performance is being evaluated.
Answer
Correct Answer:
Direct report
Note: This Question is unanswered, help us to find answer for this one
30. Direct deposit is the electronic transfer (or deposit) of a _______ into an employee’s bank account instead of issuing a paper check.
Answer
Correct Answer:
Payment directly
Note: This Question is unanswered, help us to find answer for this one
31. Corrective feedback purpose is to solve any performance problem and _______ .
Answer
Correct Answer:
Increase performance level
Note: This Question is unanswered, help us to find answer for this one
32. Consolidated Omnibus Budget Reduction Act passed in ______ .
Answer
Correct Answer:
1985
Note: This Question is unanswered, help us to find answer for this one
33. Base pay for some workers is stated in terms of pay per hour; for others, it is stated in terms of annual pay.
Answer
Correct Answer:
True
Note: This Question is unanswered, help us to find answer for this one
34. Attraction awards one-time rewards used to attract prospective employees or to persuade _______ to remain with the organization.
Answer
Correct Answer:
Existing employees
Note: This Question is unanswered, help us to find answer for this one
35. 360° appraisals is an system in which employee performance is rated by managers, peers, subordinates, and (possibly) outsiders and the employee as well.
Answer
Correct Answer:
True
Note: This Question is unanswered, help us to find answer for this one
Human Resource Information Systems MCQs | Topic-wise
