the ONLY exclusion to the right of recovery of benefits as the employers ... a) mini tort claim b) punitive damages claim c) intentional tort d) unintentional tort
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- Which of the following is incorrect in relation to termination benefits? A benefit resulting from termination of employment at the request of an employee without an entity offer is not a termination benefit. A benefit that is in any way dependent on providing service in the future is a termination benefit. A benefit resulting from mandatory retirement is a postemployment benefit rather than a termination benefit. The event that gives rise to an obligation for termination benefits is the termination of employment.Under what conditions must an employer accrue a liabilityfor the cost of compensated absences?Which type of deduction does not require the employer to have the employee's written permissi O Company-compulsory deductions O Legal deductions O voluntary deductions O All of the above
- Which of the following is not an approach to financing employee benefits? Select one: a. Noncontributory b. Employee-financed c. Contributory d. VoluntaryMeals as a condition of employment test triggers the exclusion of non-taxability. O True O FalseEmployee benefits are all forms of monetary consideration given by an entity in exchange for services rendered by employees or for the termination of employment. a. TRUE b. FALSE
- 20. An SME does not need to account for its post-employment benefits costs. True or FalseWhich of the following is a fringe benefit that employers can discriminate among employees? Question 48 Select one: a. Health and accident insurance. b. Qualified employee discount. c. Employee educational assistance. d. None of the above.Which of the following is accurate advice for a client who is considering a nonqualified deferred compensation plan? A) Contributions are deductible by the employer only when taxable to the employee. B) The plan cannot discriminate in favor of any class of employees. C) The plan cannot be fully funded by the employer. D) Contributions are deductible by the employer when they are made..
- Which of the following is NOT a valid type of compensation for breach of contract?Select one:a. Expectation Lossb. Liquidated Lossesc. Disappointment, Distress and Discomfortd. Specific PerformanceUnder what circumstances should an employer accumulate a cost and the associated obligation for an employee's future absence compensation? What role does firm tradition and practice have in the accrual decision?Section 188 of the LRA provides the means by which a dismissal can be determined to be fair or unfair. In the event of a claim that an employee was unfairly dismissed, what proof is an employer required to provide in order for the dismissal to be deemed fair?