Benefits

This quiz will test your knowledge on various types of benefits provided by employers to their employees.

15 Questions Published

Questions

Question 1 Multiple Choice (Single Answer)

Which of the following is NOT a common type of employee benefit?

  1. Health insurance
  2. Paid time off
  3. Retirement savings plan
  4. Free lunch
Question 2 Multiple Choice (Single Answer)

What is the purpose of a retirement savings plan?

  1. To provide employees with a source of income after they retire
  2. To help employees save for a down payment on a house
  3. To cover employees' medical expenses
  4. To pay for employees' education
Question 3 Multiple Choice (Single Answer)

Which of the following is NOT a type of paid time off?

  1. Vacation
  2. Sick leave
  3. Bereavement leave
  4. Jury duty leave
Question 4 Multiple Choice (Single Answer)

What is the purpose of health insurance?

  1. To cover the cost of medical expenses
  2. To provide employees with a source of income if they become disabled
  3. To help employees save for retirement
  4. To pay for employees' education
Question 5 Multiple Choice (Single Answer)

Which of the following is NOT a type of retirement savings plan?

  1. 401(k) plan
  2. Individual Retirement Account (IRA)
  3. Roth IRA
  4. Pension plan
Question 6 Multiple Choice (Single Answer)

What is the purpose of a flexible spending account (FSA)?

  1. To cover the cost of medical expenses
  2. To help employees save for retirement
  3. To pay for employees' education
  4. To cover the cost of dependent care expenses
Question 7 Multiple Choice (Single Answer)

Which of the following is NOT a type of employee benefit that is taxable?

  1. Health insurance premiums
  2. 401(k) contributions
  3. Social Security taxes
  4. Medicare taxes
Question 8 Multiple Choice (Single Answer)

What is the purpose of a health savings account (HSA)?

  1. To cover the cost of medical expenses
  2. To help employees save for retirement
  3. To pay for employees' education
  4. To cover the cost of dependent care expenses
Question 9 Multiple Choice (Single Answer)

Which of the following is NOT a type of employee benefit that is provided by the government?

  1. Social Security
  2. Medicare
  3. Unemployment insurance
  4. Workers' compensation
Question 10 Multiple Choice (Single Answer)

What is the purpose of a dependent care FSA?

  1. To cover the cost of medical expenses
  2. To help employees save for retirement
  3. To pay for employees' education
  4. To cover the cost of dependent care expenses
Question 11 Multiple Choice (Single Answer)

Which of the following is NOT a type of employee benefit that is provided by employers?

  1. Health insurance
  2. Paid time off
  3. Retirement savings plan
  4. Stock options
Question 12 Multiple Choice (Single Answer)

What is the purpose of a cafeteria plan?

  1. To allow employees to choose from a variety of benefits
  2. To help employees save for retirement
  3. To pay for employees' education
  4. To cover the cost of dependent care expenses
Question 13 Multiple Choice (Single Answer)

Which of the following is NOT a type of employee benefit that is provided by unions?

  1. Health insurance
  2. Paid time off
  3. Retirement savings plan
  4. Job security
Question 14 Multiple Choice (Single Answer)

What is the purpose of a 401(k) plan?

  1. To cover the cost of medical expenses
  2. To help employees save for retirement
  3. To pay for employees' education
  4. To cover the cost of dependent care expenses
Question 15 Multiple Choice (Single Answer)

Which of the following is NOT a type of employee benefit that is provided by the government?

  1. Social Security
  2. Medicare
  3. Unemployment insurance
  4. Workers' compensation