Which of the following is NOT listed as an example of fringe benefits?

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Multiple Choice

Which of the following is NOT listed as an example of fringe benefits?

Explanation:
Fringe benefits are non-cash rewards provided by an employer as part of the compensation package. They are benefits in kind, not extra cash, such as a company car, subsidised meals, or free private health insurance. A salary increase, by contrast, is extra cash paid to the employee and is treated as part of regular earnings rather than a perk in kind. So it isn’t classified as a fringe benefit. The other items listed are typical fringe benefits, while the salary increase is cash compensation.

Fringe benefits are non-cash rewards provided by an employer as part of the compensation package. They are benefits in kind, not extra cash, such as a company car, subsidised meals, or free private health insurance. A salary increase, by contrast, is extra cash paid to the employee and is treated as part of regular earnings rather than a perk in kind. So it isn’t classified as a fringe benefit. The other items listed are typical fringe benefits, while the salary increase is cash compensation.

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