Which of the following is also known as a "cafeteria plan"?
A)employee stock purchase plan
B)employee stock ownership plan
C)flexible benefit plan
D)personal life benefit plan

Question

Quizplus · Accepted Answer

A flexible benefit plan is also known as a "cafeteria plan" because it allows employees to choose from a menu of benefit options, similar to how they would choose items in a cafeteria line. Option A is an employee stock purchase plan, Option B is an employee stock ownership plan, and Option D is not a commonly used term in employee benefits.

Which of the Following Is Also Known as a "Cafeteria