Which of the Following Statements Is True About Flexible Spending

question 69

Multiple Choice

Which of the following statements is true about flexible spending accounts?

• A)They can only be used for dependent-care expenses.
• B)They restrict pretax employee contributions.
• C)They work best to the extent that employees have unpredictable expenses.
• D)Funds must be used by the plan's year end or they revert to the employer.
• E)These accounts cause a reduction in the take-home pay.

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Definitions:

Content Specificity

The idea that the nature of cognitive processes or content is specific to particular types of psychological disorders or issues.

Cognitive Therapy

A type of psychotherapy that focuses on changing negative patterns of thought to alter emotions and behaviors.

Behavioral Disorder

A type of disorder that involves disruptive or inappropriate behaviors that interfere with a person's daily life, including social interactions and academic or occupational functioning.

Cognitive Therapy

A form of psychotherapy that aims to change maladaptive thinking patterns, believing that these can lead to negative emotions and behaviors.