Human Resource Management Final Exam Assessment

Which type of life insurance policy builds cash value over time and provides lifelong coverage?

• Term life insurance

• Whole life insurance

• Accidental death insurance

• Group life insurance

Under OSHA regulations, employers must provide safety training in a language that:

• Is English only

• Employees can understand

• Is the most common in the workplace

• Is specified by state law

What is typically the first step in progressive discipline in the workplace?

• Written warning

• Verbal warning

• Suspension

• Termination

Which employee benefit is mandated by federal law for most full-time employees?

• Dental insurance

• Vision coverage

• Social Security contributions

• Life insurance

What is a key component of a workplace safety manual?

• Employee salary information

• Marketing strategies

• Emergency evacuation procedures

• Company history

Under HIPAA regulations, what type of health information must be protected?

• Only diagnostic information

• Only prescription records

• Only hospital records

• All personal health information

Which business model focuses on selling products directly to consumers without intermediaries?

• Direct-to-consumer (DTC) model

• Wholesale model

• Retail model

• Franchise model

What is a characteristic of a High Deductible Health Plan (HDHP)?

• Low out-of-pocket maximum

• No deductible required

• Higher monthly premiums

• Lower monthly premiums

The Family and Medical Leave Act (FMLA) provides eligible employees with:

• Unlimited paid time off

• 12 weeks of unpaid leave annually

• 6 months of paid leave

• 2 weeks of sick leave

Which factor is most important when developing a financial planning strategy?

• Current market trends

• Personal goals and objectives

• Others' financial decisions

• Current interest rates