Post-interview, but prior to leaving the company property:

A) Visit the human resources department

B) Jot down notes about specific information you learned in the interview

C) Visit the company break room

D) None of the above

A

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Which of the following statements regarding executive bonus plans is NOT correct?

A) The bonus is included in the employee's gross income. B) The employer may alternatively use the bonus to pay the premiums on a life insurance policy covering the employee's life. C) An executive bonus plan is a nonqualified employee benefit arrangement in which an employer pays a bonus to a particular employee. D) The employer becomes the policyowner of the insurance policy."

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Which of the following is true about benefits administration?

A. Benefit packages always start as soon as the employee begins work. B. Most plans are easy to explain to employees and are straightforward. C. Employees often do not know how much an employer spends on benefits. D. Benefits offered must be the same across all jobs in an organization for equity.

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