HRCI Exam SPHR Topic 6 Question 61 Discussion

Actual exam question for HRCI's SPHR exam

Question #: 61
Topic #: 6

[All SPHR Questions]

You are leading a brief presentation for your company about the ERISA program your company participates in. What is ERISA used for?

AIt allows private organizations to create investments for workers in profit-sharing plans

BIt protects the interests of those who participate in employee benefit plans

CIt protects private organizations that have profit sharing plans for employee compensation

DIt protects the workers of employee compensation plans

Show Suggested Answer

Suggested Answer: A

Answer option A is correct.

Chapter: Risk Management

Objective: Risk Assessment

by Sage at Apr 23, 2023, 11:32 PM

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Marcos

2 months ago

Wait, so ERISA isn't about the company's profit-sharing plans? That's a bummer, I was hoping to learn some investment secrets.

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Gerry

2 days ago

D) It protects the workers of employee compensation plans

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Sophia

5 days ago

C) It protects private organizations that have profit sharing plans for employee compensation

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Francene

9 days ago

B) It protects the interests of those who participate in employee benefit plans

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Merilyn

1 months ago

A) It allows private organizations to create investments for workers in profit-sharing plans

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Denise

2 months ago

I'm going with B. ERISA is like the superhero of employee benefit plans, making sure everyone gets a fair deal.

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Wayne

2 months ago

D seems a bit too broad. ERISA is specifically about protecting the workers of employee compensation plans, not just any employee plans.

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Shawnda

1 months ago

B) It protects the interests of those who participate in employee benefit plans

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Leatha

2 months ago

A) It allows private organizations to create investments for workers in profit-sharing plans

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Yasuko

2 months ago

I thought ERISA was about creating investments for workers. Guess I was wrong. Option A doesn't sound right.

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Kathrine

2 months ago

B seems like the right answer. ERISA is all about protecting the interests of those who participate in employee benefit plans.

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Nada

18 days ago

D) It protects the workers of employee compensation plans

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Angelo

19 days ago

C) It protects private organizations that have profit sharing plans for employee compensation

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Billy

25 days ago

B) It protects the interests of those who participate in employee benefit plans

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Wei

1 months ago

A) It allows private organizations to create investments for workers in profit-sharing plans

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Gussie

2 months ago

A) It allows private organizations to create investments for workers in profit-sharing plans

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Laurena

3 months ago

I think ERISA is important for ensuring that employees are taken care of financially.

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Lorrie

3 months ago

B) It protects the interests of those who participate in employee benefit plans

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