Flexible Spending Plans Consist of ________

question 88

Multiple Choice

Flexible spending plans consist of ________.

• A) no base salary and pays the employee only for what he or she produces on the basis of a fixed sum for each unit of production completed
• B) a set of core of essential benefits and a menu-like selection of others from which employees can select
• C) pretax dollars up to the dollar amount offered in the plan that an employee sets apart to pay for particular benefits
• D) a fraction of a company's profit margins determined on the basis of an established formula
• E) modules of benefits, each of which meets the needs of a specific group of employees

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Definitions:

Emergent Leader

An individual who naturally assumes a leadership role in a group without formal authority, due to their skills, personality, or actions.

Effective Leader

A person who successfully guides and inspires others towards achieving shared goals through their actions and decisions.

Leadership Skills

A set of abilities that an individual can possess or develop to effectively guide, influence, or direct a group towards the achievement of goals.

Dominant Leaders

Individuals who assert control or influence over others in group settings, often setting direction and making decisions.