Business-related expenses of employees are higher than they otherwise would be due to most business-related expenses being _____.

Question

Quizplus · Accepted Answer

Nontaxable fringe benefits, such as health insurance, retirement contributions, and education assistance, can help offset the high costs of business-related expenses for employees. These benefits are not subject to income tax or payroll taxes, making them a more cost-effective option for both employees and employers. Choices A, B, and C are not accurate reasons for the high cost of business-related expenses for employees.

Business-Related Expenses of Employees Are Higher Than They Otherwise Would