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Regulatory Environments for Compensation Programs Questions and Answers

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Question 1

What type of equity incentive gives employees the right to purchase company shares at a specified price?

Options:

A.

Stock/share options

B.

Stock/share grants

C.

Restricted stock/shares

D.

Performance units   

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Question 2

Which of the following scenarios best describes a contract worker?

Options:

A.

A technician who works a scheduled shift and performs tasks as assigned according to specifications.

B.

A computer programmer who telecommutes, uses her own equipment and works for multiple employers

C.

An accounts payable specialist who works at the company site utilizing an internal A/P system and pays vendors according to company procedures.

Question 3

Which of the following is typically considered a health care benefit?

Options:

A.

Defined benefit plan

B.

Death benefits

C.

Defined contribution plan

D.

Vision plan   

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