In flexible benefit programs,employees are given credits to spend on benefits they desire.

Name: In flexible benefit programs,employees are given credits to spend on benefits they desire.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Because of the wide variety of possible benefits and the considerable differences in employee preferences and needs,companies often use cafeteria or flexible benefit programs.In this type of program,employees are given credits that they "spend" on benefits they desire.

In Flexible Benefit Programs,employees Are Given Credits to Spend on Benefits