Which of the Following Statements Is TRUE of a Health

question 58

Multiple Choice

Which of the following statements is TRUE of a Health Savings Account (HSA) ?

• A) Both employees and employers make contributions to an HSA.
• B) An employee can use the money saved in an HSA only in the event of an accident on the job.
• C) The contributions made to an HSA are taxable.
• D) An HSA cannot be transferred from one employer to the other.

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Definitions:

Varied Vocabulary

The range and diversity of words that an individual knows and uses.

Basic Cognitive Processes

Fundamental mental activities involved in learning, perception, memory, and reasoning, which underpin more complex cognitive functions.

Schooling

refers to the process of formal education typically conducted in schools or educational institutions.

Piaget

A psychologist known for his theory on the cognitive development of children, identifying stages that characterize the evolution of thinking abilities.