Which of the Following Benefits Provided by an Employer to Its

question 7

Multiple Choice

Which of the following benefits provided by an employer to its employees is taxable?

• A)Employees of the ABC Department Store are allowed a 15 percent discount (which does not exceed the employer's gross profit percentage) on the retail price of all merchandise purchased from the store.
• B)Undergraduate tuition is waived by the XYZ University for dependent children of employees who are admitted to the school.
• C)The MNO Airline provides free standby flights to its employees.
• D)None of the above benefits are taxable.

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