What is an advantage of cafeteria-style plans?

A. These types of plans have lower administrative costs.
B. When companies provide cafeteria-style plans, they do not have to pay unemployment insurance tax.
C. Employees do not have to select their individual plans.
D. Since employees will select the benefits that they need the most, it reduces the overall costs.
E. Employees can get a better understanding of the value of benefits provided.


Answer: E

Business

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