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Compensation 5th Edition Test Bank

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ExamName___________________________________MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.1)Which of the following is NOT a form of cash compensation?1)A)allowancesB)pensionsC)stock optionsD)financial planningE)insuranceAnswer:CExplanation:A)B)C)D)E)2)Which of the following is NOT a benefit component of total compensation?2)A)relational returnsB)cost-of-living adjustmentC)allowancesD)incentivesE)merit increaseAnswer:CExplanation:A)B)C)D)E)3)Which of the following best describes cost-of-living adjustment?3)A)one-time payments for meeting previously established performance objectivesB)consolidated pay which is not subject to any change regardless of the cost-of-livingC)percentage increment to base pay provided to all employees regardless ofperformanceD)compensation to provide for items that are in short supplyE)increment to base pay in recognition of past work behaviourAnswer:CExplanation:A)B)C)D)E)1

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Subject
Human Resource Management
Textbook
Compensation by George Milkovich, J...

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