Employers Cannot Discriminate Between Highly and Non-Highly Compensated Employees When

question 31

True/False

Employers cannot discriminate between highly and non-highly compensated employees when providing taxable fringe benefits.

---

Definitions:

Manual

A handbook or guide that provides instructions or guidelines on how to perform tasks or operate machinery or equipment.

Computerized Accounting System

A software system that is used for processing accounting transactions and managing accounts with minimal manual input.

Title

The legal right to own or possess something, such as property or a title to a vehicle, representing ownership and legal possession.

Normal Balances

The side (debit or credit) of an account that is expected to increase, consistent with the principles of double-entry bookkeeping.