Many companies offer their employees a "cafeteria" approach to voluntary benefits in which employees can pick and choose the benefits they want.This approach is normally called a(n)

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The "cafeteria" approach to voluntary benefits is commonly known as a flexible benefit plan. This plan allows employees to choose the benefits that best suit their needs from a range of options provided by the employer. It enables employees to customize their benefit package according to their individual needs and preferences. The other options (A, B, and D) do not accurately describe this type of benefit plan.

Many Companies Offer Their Employees a "Cafeteria" Approach to Voluntary