Which of the Following Would an Employer Be Least Likely

question 42

Multiple Choice

Which of the following would an employer be least likely to use if they sought to reduce benefit costs?

• A) Dual coverage
• B) Benefit ceiling
• C) Coinsurance
• D) Defined benefit plans

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Definitions:

Net Cash

An accounting term that represents the amount of cash remaining after all operating, investing, and financing activities are accounted for in a given period.

Operating Activity

Transactions and events related to the principal revenue-generating activities of an entity.

Investing Activity

Financial actions related to the purchase and sale of long-term assets and investments not included in cash equivalents.

Financial Activity

Transactions or events that affect the equity or debt of a company, including investments, financing, and distributing dividends.