What Is the Purpose of Pre-Tax Deductions

question 56

Multiple Choice

What is the purpose of pre-tax deductions?

• A)To reduce the amount of tax revenue available.
• B)To reduce the financial burden on families.
• C)To reduce the financial burden on employers.
• D)To support proactive health care.

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Definitions:

Prospective Buyers

Individuals or entities showing interest in purchasing a product or service, potentially becoming customers.

Product Feature

A characteristic or attribute of a product that is intended to offer value or solve a specific problem for the consumer.

Performance Characteristic

Features or aspects of a product or service that determine its ability to meet its intended function or user requirements.

Product

An item or service that is created, manufactured, or refined for sale.