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Which of the following is also known as a "cafeteria plan?"
A) employee stock purchase plan
B) employee stock ownership plan
C) flexible benefit plan
D) personal life benefit plan
E) profit sharing plan
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Diesel
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C) Flexible benefit plans are called cafeteria plans because employees are permitted to choose the benefits that are most important to them, while reducing the cost of offering all benefits to all employees.
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Makes perfect sense, thank you like always!
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Diesel
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