Regarding a Flexible Spending Account, Which of the Following Is

question 93

Multiple Choice

Regarding a flexible spending account, which of the following is not true?

• A) You may put a predetermined amount of your pre-tax salary in the account monthly.
• B) The money may be used throughout the year to pay medical or dental expenses tax-free.
• C) If you don't use the funds during the year, you lose them.
• D) Your employer will match your funds dollar-for-dollar.

---

Definitions:

Multiple Regression Model

A statistical technique that models the relationship between a dependent variable and multiple independent variables by fitting a linear equation to observed data.

Regression Slope Coefficients

The estimates that measure the relationship between the dependent variable and each independent variable in regression analysis.

Y-intercept

The point where a line, curve, or surface intersects the y-axis of a coordinate system.

Partial Regression Slope Coefficients

Parameters in a multiple regression model that represent the individual effect of each independent variable on the dependent variable, holding all other variables constant.