A benefit plan that allocates a set dollar amount to employees and allows them to select benefits is called _____ plan.
A)a select choice
B)a no-deductible
C)a flexible benefit
D)a flat dollar benefit

Question

Quizplus · Accepted Answer

A flexible benefit plan, also known as a cafeteria plan, allows employees to choose from a menu of benefits with a set amount of money allocated to them. This gives employees the flexibility to select benefits that best fit their needs and lifestyle.

A Benefit Plan That Allocates a Set Dollar Amount to Employees