ECONOMICS (CBSE/UGC NET)

ECONOMICS

BUDGETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Fringe benefits commonly include ____
A
parking ticket
B
childcare
C
dental insurance
D
personal use of company owned building
Explanation: 

Detailed explanation-1: -Fringe benefits examples are free breakfast and lunch, gym membership, employee stock options, transportation benefits, retirement planning services, childcare, and education help are all examples of optional fringe benefits.

Detailed explanation-2: -What Are Fringe Benefits Examples. Some of the most common examples of fringe benefits are health insurance, workers’ compensation, retirement plans, and family and medical leave. Less common fringe benefits might include paid vacation, meal subsidization, commuter benefits, and more.

Detailed explanation-3: -Fringe benefits include health insurance, retirement plans, and vacation days. Other examples include: Tuition reimbursement. Employee discounts.

Detailed explanation-4: -Fringe benefits not required by law Stock options. Disability insurance. Paid holidays. Education reduction.

Detailed explanation-5: -Fringe benefit is anything which is offered by the employer to his/her employee that is not a part of the salary. This consists of things such as tickets, reimbursements, superannuation contribution, company vehicles etc.

There is 1 question to complete.