Which of the Following Is an Advantage of Voluntary Benefits

question 126

Multiple Choice

Which of the following is an advantage of voluntary benefits?

• A) always less costly for small businesses
• B) typically linked to worker productivity
• C) usually nontaxable to the employee
• D) always government sponsored

Distinguish between the outcomes of different organizational designs on employee behavior and performance.

Understand the implications of organizational design choices on efficiency, flexibility, and responsiveness to market changes.

Understand the reasons for discrepancies between bank statements and accounting records.

Comprehend the process and purpose of bank reconciliation.

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Definitions:

Idiocentric Person

Refers to individuals who are primarily focused on their own interests, goals, and needs rather than those of the group they belong to.

Allocentric Person

Describes someone who is other-focused, placing the group's needs and concerns above their own personal interests.

Friendly

Characterized by showing kindness, warmth, and support towards others, making for pleasant and agreeable interactions.

Collectivism

A cultural value that emphasizes the importance of groups and collective action, prioritizing group goals over individual ones.