Which of the Following Statements Is True Regarding Flexible Benefits

question 98

Multiple Choice

Which of the following statements is true regarding flexible benefits?

• A) Gainsharing and profit-sharing plans are two major types of flexible benefits.
• B) Flexible benefits are awarded through uniform packages to cover the requirements of a married couple with two children.
• C) Flexible benefits can be altered to meet employee needs based on age, marital status, and number and age of dependents.
• D) Flexible benefits are given based on an employee's skills, competence, and productivity.
• E) Flexible benefits are in accordance with the belief that employees have identical needs that must be rewarded identically.

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Definitions:

Alluvial Fan

A fan or cone-shaped deposit of sediment built up by streams, typically found where a fast-flowing river flattens, slows, and spreads typically at the mouth of a canyon.

Desert Wash

A sandy or gravel-rich channel in a desert or other arid region.

Alluvial Fan

A fan-shaped deposit formed where a fast-flowing stream flattens, slows, and spreads out sediment at the base of mountains.

Desert Varnish

A thin, dark coating found on the surfaces of rocks in arid environments, composed of clay minerals mixed with iron and manganese oxides.