Limitations of a Flexible Benefit Plan Include All of the Following

question 172

Multiple Choice

Limitations of a flexible benefit plan include all of the following except:

• A) accurately predicting the number of employees that might choose each benefit is difficult
• B) record keeping becomes more complicated
• C) group rates for life and medical insurance are affected
• D) employees complain about "topping out"

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Definitions:

Fungi

A domain of organisms capable of producing spores that consume organic matter, which includes entities such as molds, yeast, different types of mushrooms, and toadstools.

Products

In a chemical reaction, substances that are formed as a result of the reaction.

Primary Mycelium

A mycelium in which the cells are monokaryotic and haploid; a mycelium that grows from either an ascospore or a basidiospore. Compare with secondary mycelium.

Basidiomycetes

A class of fungi characterized by producing spores on club-shaped structures called basidia, including mushrooms, toadstools, and puffballs.