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.

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Definitions:

Fairness and Honesty

Fairness and honesty refer to the ethical practices of being impartial, just, and truthful in personal actions and business transactions.