Which of the Following Is an Advantage of Perquisites

question 22

Multiple Choice

Which of the following is an advantage of perquisites?

• A) Perks offer substantial tax savings because some of them are not taxed as income.
• B) Perks offer substantial tax savings because some of them are not taxed as an expenditure.
• C) Perks ensure a source of regular additional income for the employees apart from the salary.
• D) Perks help in reducing the total cost of benefits provided by the organization.

Understand sociological perspectives on social issues, including rape, and identify potential solutions.

Grasp the concept of life expectancy and factors that influence it.

Analyze the representation of disability in media and its impact on societal norms.

Understand the life course perspective and its application to sociological studies.

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Definitions:

Cost of Goods Available

The total cost of inventory that is available for sale during a given period.

Net Operating Income

The earnings from a company's core business operations, indicating the efficiency in managing its operational costs.

T-Accounts

A visual representation of accounts used in double-entry bookkeeping, showing debits on the left and credits on the right, to track the balance of each account.

Manufacturing Overhead

The indirect costs associated with manufacturing, covering expenses like maintenance, utilities, and staff salaries not directly involved in production.