For every $100 set aside in a flexible spending account, taxable income is reduced by
A) $10.
B) $25.
C) $50.
D) $100.
E) not enough information available.
Answer: D
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Which of the following is not a required disclosure pertaining to defined benefit pension plans?
A. The retirement benefits that are expected to be paid in the next five years. B. The contributions to be made into the pension fund for each of the next ten years. C. The amount of pension expense and its components. D. A reconciliation of the beginning and ending projected benefit obligation balances.
The extrinsic reward that is based on an evaluation of a job’s worth to the organization and its relationship to other jobs within the organization is called ______.
A. skill-based pay B. job content-based pay C. performance-based pay D. seniority-based pay
Kalai doesn’t hate her job, but she doesn’t love it either. Her manager thinks of her as a reliable employee who is an asset to the team. Kalai shows up each day and does what is needed of her so that she can afford the lifestyle she desires. Kalai is most likely a(n) ______.
a. manager b. go-getter c. adversarial d. fence-sitter
____ relies on a single fundamental principle: Maximize productivity while minimizing costs.
A. TQC B. Six Sigma C. ITIL D. TQM