Which of the Following Is an Advantage for Employers Who

question 51

Multiple Choice

Which of the following is an advantage for employers who implement flexible benefits plans?

• A)Low initial design costs
• B)Low administrative costs
• C)Control over the size of the contribution
• D)Low adverse selection
• E)Easy estimation of the costs of benefits

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Definitions:

Idealism

A philosophical approach asserting that reality, or reality as we can know it, is fundamentally mental, mentally constructed, or otherwise immaterial.

Realism

An artistic, literary, and intellectual movement that rejects idealization, focusing on depicting subjects as they are perceived in everyday life.

Religious Order

An organization of individuals who live under religious vows and dedicate their lives to spiritual goals, following a specific set of rules.

Martin Luther

A seminal figure in the Protestant Reformation, known for his criticisms of the Roman Catholic Church and the posting of his 95 Theses in 1517.