A plan in which a certain dollar amount of benefits per employee is set aside so each employee can choose from a variety of alternatives is called a ________.
A) gain-sharing plan
B) profit-sharing plan
C) cafeteria benefits plan
D) doctrine of employment plan

Question

Quizplus · Accepted Answer

A plan in which a certain dollar amount of benefits per employee is set aside so each employee can choose from a variety of alternatives is called a cafeteria benefits plan. The other options, gain-sharing and profit-sharing, are incentive plans designed to motivate and reward performance, while the doctrine of employment is a legal principle defining the relationship between employer and employee.

A Plan in Which a Certain Dollar Amount of Benefits