If an Employee Is Allowed to Use the Business's Holiday

question 24

Multiple Choice

If an employee is allowed to use the business's holiday resort in New Zealand for free during her holiday, the business may be required to pay:

• A)fringe benefits tax.
• B)capital gains tax.
• C)land tax.
• D)GST.

---

Definitions:

Volume Objectives

Objects based on pricing decisions on market share, the percentage of a market controlled by a certain company or product.

Pricing Decisions

The process of setting the price of a product or service, taking into account costs, competition, and customer demand.

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in that market.

Missionary Selling

A sales technique where salespeople promote their product or service by educating potential customers about its features and benefits, often without directly asking for a sale.