Which of the Following Fringe Benefits Is Taxable to the Employee

question 1

Multiple Choice

Which of the following fringe benefits is taxable to the employee receiving the benefit?

• A)Payment of AICPA dues by the employer for the corporation's chief financial officer,who is a CPA.
• B)The difference between wholesale and retail price on the sale at wholesale of extra copies of the book an author wrote
• C)Having a secretary type a five-page paper for use in an employee's class.
• D)A 15 percent discount on investment real estate granted to the employee of a real estate developer
• E)All of the above are "tax-free"

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Definitions:

Networks

The interconnected system of nodes (which can be individuals, organizations, or computers) that allows for the exchange of information, resources, or services.

Support

Assistance or aid provided to individuals or organizations to help them cope, grow, or improve.

Social Relation

The interactions between individuals or groups, including their connections and the social fabric that creates society.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.