Online Benefits Systems Are Often Referred to as __________ and Can

question 24

Multiple Choice

Online benefits systems are often referred to as __________ and can result in significant cost savings in benefits administration.

• A)cafeteria plans
• B)value-based initiatives
• C)employee self-service systems
• D)high-deductible health insurance plans

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Definitions:

Balance on Goods

The difference in value between a country's imports and exports of goods.

Depreciation

The reduction in the value of an asset over time due to wear and tear or obsolescence.

Dollar

The basic monetary unit used in the United States and other countries, symbolized by $.

Exports

Goods or services produced in one country and sold to buyers in another country.