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The FASB requires that expenses of voluntary health and welfare organizations to be reported according to function. Which of the following is one of the FASB required function categories:
Family-friendly Benefit
Employment benefits designed to accommodate employees' family needs, such as flexible working hours, parental leave, and childcare services.
Work-Life Balance
A concept that emphasizes the importance of having equilibrium among work activities, personal life, and family life to ensure overall well-being.
On-site Childcare Facilities
Childcare centers located within or very close to the workplace, designed to support working parents by providing convenient care options for their children.
Flexible Scheduling
Employment arrangements that allow workers to vary their arrival and departure times, as well as the place of work, to accommodate personal needs and improve work-life balance.
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