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BUNDLE FOR CEBS GBA Exam Questions with Correct Answers

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1 Exam (elaborations) CEBS GBA Module 1 Exam Questions and Answers All Correct 2 Exam (elaborations) CEBS GBA Exam 1 Questions with Correct Answers 3 Exam (elaborations) CEBS GBA Exam 2 Questions with Correct Answers 4 Exam (elaborations) CEBS GBA1 Exam Questions with Correct Answers 5 Exam (elaborations) CEBS GBA 1 Practice Exam Questions and

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CEBS GBA Module 1 Exam Questions and Answers All Correct

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CEBS GBA Module 1 Exam Questions and Answers All Correct Fringe Benefits - Answer-Addition of benefits as an offset to higher labor Broad View - Answer-"Virtually any form of compensation other than direct wages" Limited (Narrow) View - Answer-Benefits that stem from an employment relationship, not underwritten or paid for directly by the government Reasons for growth in Employee Benefit Plans - Answer-Business, tax legislation, collective bargaining, efficiency of the approach Labo...

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CEBS GBA Exam 1 Questions with Correct Answers

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CEBS GBA Exam 1 Questions with Correct Answers Broad view of Employee Benefits (Mod 1.1) - Answer-Considers Employee Benefits to be virtually any form of compensation other than direct wages paid to Employees (Ex: WC, Unemployment, State DI, SS, Vacation, Holidays, 401K/Retirement, Employer share of Medical, Severance Pay, Child Care, etc..) Narrow view of Employee Benefits (Mod 1.1) - Answer-Any type of plan sponsored or initiated by Employees and Employers and engaged in providing be...

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CEBS GBA Exam 2 Questions with Correct Answers

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CEBS GBA Exam 2 Questions with Correct Answers What is the basic assumption underlying concept of a free market and how is it challenged by the theory of "bounded rationality?" (Mod 1.1) - Answer-Rational customers will make informed decisions about value, quality and price, while producers who meet consumer's demands will be rewarded with market share and profit. What are economic benefits of a free market? (Mod 1.1) - Answer-If an individual does not like their provider or health ...

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CEBS GBA Exam 3 Questions with Correct Answers

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CEBS GBA Exam 3 Questions with Correct Answers An employee welfare benefit plan has four basis elements. What are these elements? (Mod 1.1) - Answer-1) There must be a plan, fund or program. 2) The plan, fund or program is established or maintained by an employer. 3) The plan, fund or program is for the purpose of providing specifically listed benefits, through the purchase of insurance or otherwise. 4) Benefits are provided to participants and beneficiaries. Explain how a "plan, fun...

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