Search 
 Resource Center             
 Courses & Seminars             
 Certification             
Conferences             
 Bookstore             
 Career Center              
 Networking             
 Membership             

   ID or e-mail       
      
  Password         
      

Login            
Change my password            
I forgot my password            
I need a password            

Print
Mergers and Acquisitions - Benefits, Compensation and Other HR Issues Quiz

Test Your Knowledge

Mergers and Acquisitions: Benefits, Compensation and Other HR Issues (Course T6)

Instructions: Choose an answer for each question and then click on the "Get Results" button at the end of the quiz.

1. What type of transaction has most likely occurred in a situation where two companies create a third company, which serves to limit the overall risk of the transaction?
A. Joint venture
B. Acquisition
C. Merger
D. Divestiture
2. Achieving cultural compatibility is in which phase of the transaction time line?
A. Pre-deal phase
B. Transaction phase
C. Integration phase
D. Strategic fit stage
3. Why is it important for HR to be involved early in the M&A process?
A. Compensation programs must be combined early in the process.
B. HR must participate in the tactical work of integrating total rewards very early in the process.
C. HR professionals need to align process and activities to the new organization�s business strategy.
D. Hidden liabilities and other issues must be resolved in the pre-deal phase before the transaction phase can begin.
4. Performing due diligence on which of the following requires the most in-depth analysis, making it the most difficult and time consuming?
A. Benefits
B. Compensation
C. Work experience

5. Which of the following is included in the basic framework for planning the integration?
A. Identify hidden HR liabilities
B. Create a transition team
C. Examine pay structures and job evaluation methods
D. Plan the HR strategy

6. Following a merger, the employer views the employment relationship as which of the following?
A. A continuation
B. A new relationship
C. A termination
D. A new business opportunity

7. Which of the following best describes a low-cost approach to integrating DB plans?
A. Give employees the greater of the seller’s and buyer’s plans
B. Treat the acquired employees as new under the buyer’s plan, but give credit for vesting service under the seller’s plan
C. Credit all service before and after the transaction under the buyer’s plan; accrued benefits under the seller’s plan are offset

8. Which of the following statements most accurately describes a company that is in compliance with the Worker Adjustment and Retraining Notification Act (WARN)?
A. The company has fewer than 100 employees.
B. The seller provides notice of closings or mass layoffs that occur up to and including the time of the sale.
C. Employer offers 14-days notice of covered plan closings and covered mass layoffs.
D. The buyer provides notice of closing or mass layoffs that occur up to and including the time of the sale.
9. The integration of other rewards programs includes reviewing the data, identifying objectives and which of the steps below?
A. Performing due diligence
B. Choosing a transition team
C. Making recommendations
D. Identifying liability issues
10. Which of the following is a goal of a successful post-transaction integration?
A. All employees are on the same page and working toward one goal.
B. Formal discussions begin that lead to a more formal due diligence process.
C. Only executives and high-level employees are actively involved in decision making.


The Test Your Knowledge questions are intended to provide a small sample of the information covered in a particular course. Passing this test should not be considered an indicator that you also will pass the related certification exam. No portion of this document may be reproduced in any form without express written permission from WorldatWork. Copyright 2005 WorldatWork.

 

 

 

Print this Page
 Copyright   Privacy Policy   Site Map   Advertise with Us 

Back to top