Flexible spending plans consist of ________.
A) no base salary and pays the employee only for what he or she produces on the basis of a fixed sum for each unit of production completed
B) a set of core of essential benefits and a menu-like selection of others from which employees can select
C) pretax dollars up to the dollar amount offered in the plan that an employee sets apart to pay for particular benefits
D) a fraction of a company's profit margins determined on the basis of an established formula
E) modules of benefits, each of which meets the needs of a specific group of employees

Question

Quizplus · Accepted Answer

Flexible spending plans allow employees to set aside a certain amount of pretax dollars to pay for specific benefits, such as healthcare or dependent care. These plans are also known as flexible spending accounts (FSAs).

Flexible Spending Plans Consist of ________