Which of the Following Statements About Cafeteria Plans Is (Are)

question 51

Multiple Choice

Which of the following statements about cafeteria plans is (are) true?
I.Unspent flexible spending account balances are refunded to the employee, tax-free, at year-end.
II.Cafeteria plans enable employees to select benefits that meet their specific needs.

• A) I only
• B) II only
• C) both I and II
• D) neither I nor II

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