Quiz  /  Employee Stock Option Plan Bank PO MCQ Questions With Answers

  • 1. 
    How can you make the ESOP value and your own personal wealth grow?

  • Work safely!
  • Do quality work
  • Be efficient and productive with your time
  • Work together as team
  • All of above

  • 2. 
    What does the acronym ESOP stand for?

  • Employees Supporting Owners Plan
  • Employee Stock Ownership Plan
  • Employer Stock Ownership Program
  • Empowering and Strengthening Ohio' People

  • 3. 
    When are benefits Paid (Multi Answer)

  • Retirement
  • Death
  • Permanently Disabled
  • Termination/ Leave the company
  • All of above

  • 4. 
    An employee that has 5 years of service is vested_____.

  • 100%
  • 90%
  • 60%
  • 80%

  • 5. 
    What is the average account balance for Fisher Tank employee owners @ 9/30/18?

  • 25,000
  • 72,000
  • 155,000
  • 182,000

  • 6. 
    What is the percentage of employees who are 100% vested in the ESOP at Fisher Tank Company?

  • 25%
  • 33%
  • 50%
  • 75%

  • 7. 
    What date was the Fisher Tank ESOP formed?

  • July 1st, 1996
  • July 4th, 1776
  • January 1, 1948
  • July 1st, 2006

  • 8. 
    How long does it take from the date of employment for an employee to become an eligible participant of the ESOP?

  • 90 days
  • 6 months
  • 12 months
  • 6 years

  • 9. 
    What is roughly the total value of all the ESOP shares at Fisher Tank Company?

  • 5,000,000
  • 10,350,000
  • 12,500,000
  • 15,500,000

  • 10. 
    The last evaluation price of our stock was?

  • 1.72
  • 7.15
  • 29.95
  • 19.72

  • 11. 
    What is the percentage of employees who are vested at least 20% or more in the ESOP at Franklin Building Supply?

  • 68%
  • 33%
  • 50%
  • 75%
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