Which of the Following Statements Is True Regarding Flexible Benefits

question 11

Multiple Choice

Which of the following statements is true regarding flexible benefits?

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

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Definitions:

Lower Classes

Social groups characterized by lower socioeconomic status, often associated with limited access to resources and opportunities.

Meritocracy

A system of rewards based on personal attributes and demonstrated abilities.

Central Assumption

The fundamental belief or principle that serves as the foundation for a theory, model, or approach in various fields.

Davis-Moore Thesis

A sociological theorem that argues social stratification has beneficial consequences for the operation of society, positing that the most difficult jobs in any society are the most necessary and require the highest rewards and incentives to motivate individuals to complete them.