Which law governs the fiduciary responsibility that employers have with regards to employees’ payroll deductions?
a. ACA
b. ERISA
c. FICA
d. FLSA
Answer: b. ERISA
The Employee Retirement Income Security Act of 1974 ( ERISA) is a federal governs the fiduciary responsibility that employers have with regards to employees’ payroll deductions. It includes the minimum standard for the employee benefit plans mentained by the employers in the private sector.This law sets a standard for pension and welfare plan that protect employees of the organization. it includes the rules and minimum standards that will affect the employer and employees health coverage.
You might also like to view...
Guerilla marketing would include all of the following characteristics, except:
A) a national campaign B) interacting with consumers C) personal communications D) excitement that will spread to others
From a communications model perspective, the salesperson in a sales call is the:
A. dispatcher. B. source. C. presenter. D. receiver. E. decoder.
________ is a class of procedures for representing perceptions and preferences of respondents spatially by means of a visual display
A) Conjoint analysis B) Regression analysis C) Hybrid conjoint analysis D) Multidimensional scaling (MDS)
The ______ stage of group development is also known as the resolution stage.
a. forming b. performing c. norming d. storming