A Flexible Benefits Plan Gives Employees a Set Amount of Credits

question 69

True/False

A flexible benefits plan gives employees a set amount of credits or dollars to allocate among different benefits options provided by the employer.

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Definitions:

Domain Names

The unique names that identify an Internet site and serve as its address on the World Wide Web.

Preferred Name

The name by which an individual chooses to be identified, which may differ from their legal name, often reflecting their gender identity or personal preference.

Articles Of Incorporation

The document filed with the appropriate state official, usually the Secretary of State, when a business is incorporated. State statutes usually prescribe what kind of information must be contained in the articles of incorporation.

Incorporated

Incorporated refers to the process of forming a corporation, which is a legal entity that is distinct from its owners, providing them with limited liability.