Multiple Choice
Which of the following benefits cannot be excluded as a no-additional-cost service fringe benefit?
A) Free tax return preparation from a client
B) Complimentary dry cleaning for employees at a laundry company
C) A car wash at an automobile dealership
D) Free local phone service for phone company employees
Correct Answer:

Verified
Correct Answer:
Verified
Q106: Employers always prefer to award incentive stock
Q107: Suzanne received 20 ISOs (each option gives
Q108: Corinne's employer offers a cafeteria plan that
Q109: Maren received 10 NQOs (each option gives
Q110: Group-term life insurance is a fringe benefit
Q112: Employers sometimes pay a "gross-up" to employees
Q113: Which of the following statements regarding compensation
Q114: Rick recently received 500 shares of restricted
Q115: Maren received 10 NQOs (each option gives
Q116: Which of the following pairs of items