es Exercise 4-8A (Static) Which of the following is true about fringe benefits? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wro answer. Any boxes left with a question mark will be automatically graded as incorrect.) ?They are only available for employees and their families. ? The amount of the fringe benefit is never subject to income tax. ?They represent additional cash paid directly to employees. They represent additional compensation given for services performed.

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter9: Deduct Ions: Employee And Self-employed - Related Expenses
Section: Chapter Questions
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Exercise 4-8A (Static)
Which of the following is true about fringe benefits? (You may select more than one answer. Single click the box with the question
mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wro
answer. Any boxes left with a question mark will be automatically graded as incorrect.)
?They are only available for employees and their families.
? The amount of the fringe benefit is never subject to income tax.
?They represent additional cash paid directly to employees.
?They represent additional compensation given for services performed.
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Transcribed Image Text:es Exercise 4-8A (Static) Which of the following is true about fringe benefits? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wro answer. Any boxes left with a question mark will be automatically graded as incorrect.) ?They are only available for employees and their families. ? The amount of the fringe benefit is never subject to income tax. ?They represent additional cash paid directly to employees. ?They represent additional compensation given for services performed. ‒‒ Q Search < Prev 6 of 10 N M Next> O
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