Ben Grimm works for Recovery Services, Incorporated. In December 2016, Ben makes an FSA election...

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Accounting

Ben Grimm works for Recovery Services, Incorporated. In December 2016, Ben makes an FSA election to reduce 2017 salary by $185 per month for health benefits. In March 2017, Ben's daughter, Sue, incurs vision expenses of $1,255 which are covered under the plan. Discuss reimbursement and Recovery Service's risk of loss.

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