Which of These Employee Benefits Is Just as Important or Perhaps

question 23

Multiple Choice

Which of these employee benefits is just as important or perhaps even more important than medical insurance?

• A)Retirement plans
• B)Disability insurance
• C)Vacation and sick leave pay
• D)Flexible spending account

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Definitions:

Asset Securitization

The process of pooling various types of contractual debt such as mortgages, and selling their related cash flows to third party investors as securities.

Investment Choices

The various options available to investors for allocating their funds, including stocks, bonds, real estate, and mutual funds.

Returns

The profit or loss generated on an investment over a specific period.

Credit Default Swaps

Credit default swaps are financial derivative contracts that transfer the risk of default on a debt from one party to another, with the buyer of the swap making payments to the seller and receiving compensation if the debt instrument defaults.