Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following is true about fringe benefi

Which of the following is true about fringe benefits? Which of the following is true...

50.1K

Verified Solution

Question

Accounting

Which of the following is true about fringe benefits?

Which of the following is true about fringe benefits?

  • They represent additional compensation given for services performed
  • They are only available for employees.
  • The amount of the fringe benefit is never subject to income tax.
  • They represent additional cash paid directly to employees.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

25 A student is working on a short story and their teacher wants them to...

Basic Math
Q

Explain how socio-emotional development may be experienced during adolescence in relation to Erikson's theory of lifespan development.

Medical Sciences
Q

Describe how direct and indirect digital detectors create an image. In what way are they different?

Physics
Q

I h the book: The Stranger by Albert Camus - Summarize the overall plot and theme,...

Psychology
Q

1. The split phase motor is used to _____. a. provide mechanical drive to the DC...

Electrical Engineering
Q

Which of the following is NOT part of the pathway for transfer of electrons from...

Biology
Q

3 The height h in meters of a car above the ground as a Ferris...

Basic Math
Q

If cos(?)= - 2|5 and is in the 2nd quadrant, find sin(?)

Basic Math
Q

If f x x and g x 0 5f x what is the value of...

Algebra
Q

Land and a warehouse were acquired for $890,000. What amount shold be recored in the...

Accounting
Q

[EXCEL] Net present value: Crescent Industries management is planning to replace some existing machinery in...

Finance
Q

Consider the following premerger information about Firm X and Firm Y: Firm X Firm Y...

Finance