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20 June, 09:12

What is a fringe benefit?

a. a cash payment for casual work

b. a business other than sales or marketing

c. a payment other than wages or salaries

d. an accounting term meaning profits

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Answers (1)
  1. 20 June, 09:37
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    C. A payment other than wages or salaries. A fringe benefit is given to the employees as a benefit or incentive on top of their basic salary. Fringe benefit may be in the form of company issued car, life or health insurance, luncheon vouchers or additional paid vacation.
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