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Tax-Free Employee Fringe Benefits

Question 7

Multiple Choice

Tax-free Employee fringe benefits:


A) May include accounts in which employees can set aside funds from their salary to cover public transportation to work and parking at work up to certain limits each month.
B) May include a dependent care plan which can only be used only to cover the costs of caring for a child.
C) May include payments for up to $100,000 for group term life insurance for employees.
D) Cover the cost of using a company car for personal purposes.
E) May include employee discounts on real estate investments.

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