Benefit Plans NOT Covered by ERISA Include

question 99

Multiple Choice

Benefit plans NOT covered by ERISA include:

• A) private employee benefit plans.
• B) church plans.
• C) self-funded plans.
• D) insurance plans offered by employers.

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Definitions:

Statement of Cash Flows

This financial document summarizes the cash and cash equivalents entering and leaving a company, highlighting cash flows from operating, investing, and financing activities.

Investing Activity

Financial actions related to the purchase and sale of long-term assets and other investments not considered cash equivalents.

Generally Accepted Accounting Principles

A standard framework of guidelines for financial accounting used in any given jurisdiction, typically known as GAAP.