Answer the following statements true (T) or false (F)
1.Preferred provider organizations are health-care plans that provides both health maintenance services and medical care as part of the plan.
2.Health savings accounts allow the employer and employee to fund an account from which the employee can pay medical expenses each year with pretax dollars.
3.A high-deductible health plan is a major medical insurance plan that protects against catastrophic health-care costs and in most cases is paid for by the employer.
4.Modular benefit plans provide the employee with several basic benefits packages from which the employee can select the one that best matches their life and family circumstances.
5.In a core-flex plan, there is a base set of benefits, called the core, that are provided to everyone, and then employees are allowed to choose other options to meet personal needs and desires.
1.false
2.true
3.true
4.true
5.false
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Which of the following approaches helps companies develop an effective organizational culture?
A. Companies should develop mission statements that are completely different from the vision statement. B. Companies should recognize, appreciate, and regularly reward the performance of their employees. C. Companies should always view customers from the standpoint of what company products or services they use. D. Companies should ensure that employee roles are contrary to the overall values or beliefs of the organization.
An earthquake destroyed the home office building of a company located in an inland city. This should be reported as a(n)
a. extraordinary loss. b. prior period adjustment. c. loss from continuing operations. d. loss from discontinued operations.
Which one of the following statements is NOT true about conflict?
a. Conflict might occur when people have different interests b. Conflict might occur when people have the same interests c. Conflict might occur when access to resources is limited d. None of the above, they are all true
Upon dissolution of a partnership, all authority of a partner to act on behalf of the partnership terminates
a. True b. False Indicate whether the statement is true or false