Regarding a Flexible Spending Account, Which of the Following Is

question 93

Multiple Choice

Regarding a flexible spending account, which of the following is not true?

• A) You may put a predetermined amount of your pre-tax salary in the account monthly.
• B) The money may be used throughout the year to pay medical or dental expenses tax-free.
• C) If you don't use the funds during the year, you lose them.
• D) Your employer will match your funds dollar-for-dollar.

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Definitions:

Spinning Wheel

A device used for turning fiber into yarn or thread by twisting strands together through spinning.

Structure Labeled

A diagram or model of an object in which specific parts are marked and named to aid in identification and understanding.

Eyespots

Photoreceptor cells in some unicellular organisms that allow them to detect light, aiding in survival by guiding movements towards or away from light sources.

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Blood-sucking or carnivorous aquatic or terrestrial worms, belonging to the class Hirudinea.