benefits administration

mcqspedia.com has 2 Question/Answers about Topic benefits administration

Situation in which higher risk employees use and select special benefits is classified as

Situation in which higher risk employees use and select special benefits is classified as
  • A. flexible selection
  • B. noncontributory plan
  • C. adverse selection
  • D. contributory plan
  • Correct Answer: Option C

Account which allows employees to buy additional benefits by contributing pretax dollars is classified as

Account which allows employees to buy additional benefits by contributing pretax dollars is classified as
  • A. fixed spending account
  • B. flexible spending account
  • C. contributory spending account
  • D. noncontributory spending account
  • Correct Answer: Option B