Examlex
Match each of the following terms with its corresponding definition.
-A simultaneous relationship among instances of three entity types.
Flexible Benefit Plans
Employee benefit programs that allow workers to choose from a variety of pre-tax benefits, tailoring the package to their personal needs.
Economic Value
The worth of a good or service determined by its capacity to provide utility to buyers or the income it generates for sellers.
Personal Finances
The management of an individual's or family's money, including budgeting, saving, investing, and spending.
Benefit Costs
Expenses incurred by organizations due to the provision of employee benefits, such as health insurance, retirement plans, and paid leave.
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