PART B: TRUE OR FALSE: For each of the following questions, please insert “True”
ID: 447270 • Letter: P
Question
PART B: TRUE OR FALSE: For each of the following questions, please insert “True” OR “False” (One point each 20 – points total):
_____ ESOP is a plan that allows employers to set aside stock for their employees as a piece of the retirement program.
_____ 401K and 403B retirement plans are defined benefit plans.
_____ Vacation, sick time pay, and holiday pay are mandatory benefits.
_____ Time off for jury duty and military duty is mandatory.
_____ Pay for time off for jury duty and military duty is mandatory.
_____ An employee who is called to military duty must receive a COBRA notice for his / her health care benefits (if covered prior to the military duty requirement).
_False____ Funeral time is a mandatory benefit.
Explanation / Answer
__True___ ESOP is a plan that allows employers to set aside stock for their employees as a piece of the retirement program.
__False___ 401K and 403B retirement plans are defined benefit plans.
__True___ Vacation, sick time pay, and holiday pay are mandatory benefits.
__True___ Time off for jury duty and military duty is mandatory.
__False___ Pay for time off for jury duty and military duty is mandatory.
__False___ An employee who is called to military duty must receive a COBRA notice for his / her health care benefits (if covered prior to the military duty requirement).
_False____ Funeral time is a mandatory benefit.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.