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Which flat file is a series of fixed-length records that is currently used to bill institutional services, such as services performed in hospitals?
Defined Pension Plans
A retirement plan where an employer promises a specified pension payment upon retirement, based on the employee's earnings history, tenure of service, and age.
Deferred Profit-sharing Plans
Retirement plans where a portion of the company's profits is contributed to the employees' retirement savings accounts, typically vested over time.
Flexible Benefit Plans
Plans that allow employees to choose from a variety of benefits to tailor their benefits package to their personal needs and preferences.
Competitive Advantage
A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.
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