The Purpose of Fringe Benefits Is to ________

question 15

Multiple Choice

The purpose of fringe benefits is to ________.

• A)reduce taxable compensation
• B)encourage employee engagement
• C)avoid cash outlays for employee benefits
• D)defer tax obligations

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Definitions:

Almanacs

Annual publications that include information such as weather forecasts, farmers' planting dates, and various statistics and articles on a wide range of topics.

Federalist Sympathy

Refers to the support or alignment with Federalist principles, including a strong central government and support for commerce and industry, primarily in the early United States.

Democratic-Republicans

A political party in the United States in the late 18th and early 19th centuries, founded by Thomas Jefferson and James Madison, advocating for states' rights and agricultural interests.

Antislavery Movement

A movement aimed at ending the practice of slavery and the slave trade.