Under the Flexible,cafeteria-Style Benefits Arrangement,the Organization Will Establish a Budgeted

question 32

True/False

Under the flexible,cafeteria-style benefits arrangement,the organization will establish a budgeted amount that it is willing to spend per employee,and the individual is then allowed to decide how to spend this money.

---

Definitions:

Trading Investment

An investment in securities with the intention of selling them in the short term to profit from price changes.

Interest

The cost of borrowing money, usually expressed as a percentage of the amount borrowed, paid by the borrower to the lender.

Market Rate

The current price or interest rate at which a good, service, or security can be bought or sold in a competitive marketplace.

Long-Term Investment

Investments in bonds, stocks, or real estate held for an extended period to generate revenue or appreciate in value, not intended for immediate sale.