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Which of the Following Is True About Excluded Fringe Benefits

Question 53

Multiple Choice

Which of the following is true about excluded 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 wrong answer. Any boxes left
With a question mark will be automatically graded as incorrect.)


A) Excluded fringe benefits are not generally a taxable part of employee pay.
B) Excluded fringe benefits are generally not reported on the employee's W-2.
C) The cash value of excluded fringe benefits is always taxable.
D) They must be part of the employer's cafeteria plan.

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