Question

Which of the following is an advantage of cafeteria-style plans?

A. Employees do not have to select their individual plans.

B. Employees can get a better understanding of the value of benefits provided.

C. They have lower administrative costs.

D. Since employees will select the benefits that they need the most, it reduces the overall costs.

E. When companies provide cafeteria-style plans, they do not have to pay unemployment insurance tax.

Answer

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