Which Statement Best Describes Flexible Benefit Plans

question 72

Multiple Choice

Which statement best describes flexible benefit plans?

• A) They are offered as a bonus to executives.
• B) They are favoured by employers because they reduce administration costs.
• C) They allow employees to choose benefits suited to their needs.
• D) They are offered to employees who then must purchase each benefit they select.

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Definitions:

Physical Demands

Refers to the effort, strength, and endurance required for someone to perform a specific job or task.

Task Variety

Refers to the degree of diversity and difference in the types of tasks or assignments an individual or group performs.

Prosocial Motivation

The desire to benefit others or contribute to the welfare of a group or society.

Skill Variety

The opportunity to do a variety of job activities using various skills and talents.