One disadvantage of a flexible spending account is
A) the amount is not subject to federal, state or local taxes.
B) funds allocated to the account cannot be rolled over into the next year.
C) funds are available to pay for out-of-pocket expenses.
D) it allows you to budget for uncovered medical expenses.
Answer: B
You might also like to view...
Why is the conclusion as important as the introduction and body of your speech?
What will be an ideal response?
The cost of production report summarizes (1 ) the units for which the department is accountable and the units to be assigned costs and (2 ) the costs charged to the department and the allocation of those costs
Indicate whether the statement is true or false
Sometimes you need a ____________ leader to hold the ship steady, other times you need
a ____________ leader to rock the boat and bring about change. a. Transformational/transactional b. Behavioural/contingency c. Transactional/transformational d. Transformational/charismatic
A word may have emotional or evaluative meanings beyond its dictionary definition. This refers to which one of the following?
A. Denotation D. Inflection B. Resonance E. Reflection C. Connotation