Online Benefits Systems Are Often Referred to as ______________ and Can

question 33

Multiple Choice

Online benefits systems are often referred to as ______________ and can result in a significant cost savings in benefits administration.

• A) cafeteria plans
• B) a value based initiative
• C) employee self service systems
• D) a high-deductible health insurance plan

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Definitions:

Net Price

The price paid after the deduction of trade discounts.

Notation

A system of symbols used to represent information, often used in financial documents to denote specific types of transactions or accounts.

Invoice

A document issued by a seller to a buyer that specifies the products or services provided and the amount owed.

Discount

A reduction in the price of goods or services, usually to encourage sales or to reward customers.