Which of the Following Is Not an Example of a Nontaxable

question 29

Multiple Choice

Which of the following is not an example of a nontaxable fringe benefit?

• A) Monthly employer provided transit benefit of $100.
• B) Group-term life insurance policy providing $100,000 of coverage.
• C) Employer provided parking of $100 per month.
• D) Qualified employee discounts.

---

Definitions:

Emotional

Emotional refers to feelings, emotions, or expressions that are related to one's mood, temperament, or state of mind.

Approach-avoidance Conflict

A psychological conflict characterized by a situation that has both attractive and repelling aspects, making decision-making difficult.

Job Transfer

Refers to the process of moving an employee from one job or department within the company to another.

Termination

The process of ending employment or agreement within an organization, either voluntarily or involuntarily.