Which Fringe Benefit Valuation Rule(s)permit Employees to Use a Company

question 20

Multiple Choice

Which fringe benefit valuation rule(s) permit employees to use a company vehicle for personal purposes as a fringe benefit? (You may select more than one answer. )

• A)Lease-value rule
• B)Mileage reimbursement rule
• C)Commuter rule
• D)Cents-per-mile rule

---

Definitions:

Supporting Assembly

A process or component that is part of the larger production of a final product, aiding in the main product's assembly or functionality.

Activity-Based Costing

A costing methodology that assigns costs to products and services based on the activities and resources that go into producing them.

Activity Cost Pools

These are collections of all the costs related to a specific activity or process in activity-based costing.

Time-Driven

A term referring to models or systems that are based on the actual time taken to perform activities, often used in activity-based costing and scheduling.