Which of the Following Is TRUE with Respect to Health

question 35

Multiple Choice

Which of the following is TRUE with respect to health care spending accounts (FSAs or HSAs) ?

• A)They provide affordable health care coverage.
• B)They are only available to low-income individuals.
• C)They allow people to save money tax-free for health care costs.
• D)They provide funds that help employers finance company health plans.

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Definitions:

Technical Qualifications

The specific skills, knowledge, and abilities required to perform a particular job or task effectively.

Division Of Labor

The assignment of different parts of a manufacturing process or task to different individuals in order to improve efficiency.

Specialization

The process of focusing on a narrow area of expertise or activity, often to increase efficiency or skill.

Bureaucracy

An organizational system characterized by structured hierarchy, formal rules and procedures, and a clear division of labor, often resulting in slow decision-making processes.