All of the following statements correctly describe why flexiblebenefit plans (FBP) have seen such an increase in recent years,EXCEPT:Technological advances made the adoption of FBP easier even forsmaller and medium-sized employersFBP better serve a diverse, multi-generational workforceO Employment Standards tegislation mandates the introduction of FBPfor employers of a certain sizeFBP are an effective tool to control labour costs

A flexible benefits plan (FBP) refers to the plan which helps the employees to create structured and…

Answered: logical advances made the adop and…

logical advances made the adop and medium-sized employers tter serve a diverse, multi-gene ment Standards tegislation man

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

All of the following statements correctly describe why flexible
benefit plans (FBP) have seen such an increase in recent years,
EXCEPT:
Technological advances made the adoption of FBP easier even for
smaller and medium-sized employers
FBP better serve a diverse, multi-generational workforce
O Employment Standards tegislation mandates the introduction of FBP
for employers of a certain size
FBP are an effective tool to control labour costs

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