Which of the Following Is an Advantage of Cafeteria-Style Plans

question 53

Multiple Choice

Which of the following is an advantage of cafeteria-style plans?

• A) Employees do not have to select their individual plans.
• B) Employees can get a better understanding of the value of benefits provided.
• C) They have lower administrative costs.
• D) Since employees will select the benefits that they need the most, it reduces the overall costs.
• E) When companies provide cafeteria-style plans, they do not have to pay unemployment insurance tax.

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Definitions:

Arithmetic Operations

Basic mathematical procedures including addition, subtraction, multiplication, and division, fundamental for quantitative reasoning.

Syllogistic Reasoning

Reasoning with problems concerning relationships among categories (e.g., “All A are B; some B are C; therefore, some A are C”).

Intrapersonal Intelligence

The capacity to understand oneself, including one's emotions, motivations, inner states, and self-reflection.

Self-Regulation

is the ability of an individual to manage their thoughts, emotions, and behaviors towards achieving long-term goals, often involving controlling impulses and acting in accordance with personal standards.