What Are the Different Sets of Benefit Programs That Are

question 24

Essay

What are the different sets of benefit programs that are common in U.S.companies? Please list and explain the purpose of each set of benefit programs.Be sure to give examples of each.

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Definitions:

Net Cash Flows

The difference between cash inflows and outflows in a company over a specific period, indicating the net change in cash and cash equivalents.

Operating Activities

These are the day-to-day actions involved in running a business, which include generating revenue, incurring expenses, and producing the fundamental cash flows of the business.

Indirect Method

A way of reporting cash flows from operating activities by starting with net income and adjusting for changes in non-cash accounts.

Operating Cash Receipts

Operating cash receipts are the cash inflows related to a company's primary business operations, such as cash received from selling products or services.