How Should Employers Recognize Employee Benefit Plans That Do NOT

question 82

Multiple Choice

How should employers recognize employee benefit plans that do NOT accumulate?

• A) Recognize the liability and cost over the life of the employee.
• B) Recognize the liability and cost over the length of service.
• C) Recognize the liability and cost when the event occurs to obligate the company to provide the benefit.
• D) They don't need to recognize them.

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Definitions:

Germ Layer

The three primary layers of cells (ectoderm, mesoderm, and endoderm) in the early embryo that give rise to all organs and tissues in the body.

Respiratory System

The biological system consisting of specific organs and structures used for gas exchange in animals and plants.

Ectoderm

The outermost of the three primary layers in an embryo, from which arises the nervous system, skin, and various sensory organs.

Neonate Adaptations

Physiological and anatomical changes a newborn undergoes to transition from intrauterine to extrauterine life, ensuring survival outside the womb.