15. Company ABC provides sick leave, vacation pay, pension plans, health plans, andother forms of extra compensation. All these items are ____________A. fringe benefitsB. soft benefitsC. cafeteria benefitsD. standard benefits
Question
- Company ABC provides sick leave, vacation pay, pension plans, health plans, andother forms of extra compensation. All these items are ____________A. fringe benefitsB. soft benefitsC. cafeteria benefitsD. standard benefits
Solution
The correct answer is A. fringe benefits. These are additional compensations provided to employees outside of their normal salary. They can include things like sick leave, vacation pay, pension plans, health plans, and other forms of extra compensation.
Similar Questions
ABC Corp. employs many different types of workers. As a result, the company provides a financial amount to employees so they can select the specific benefits that fit their needs. ABC Corp. usesMultiple Choicesoft benefits.fringe benefits.an employee assistance program.a cafeteria benefit plan.a standard benefit plan.
16. Company XYZ provides a financial amount to employees so they can select thespecific benefits that fit their needs. This company uses _____________.A. fringe benefitsB. soft benefitsC. cafeteria benefitsD. standard benefits
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14. ________ are nonfinancial forms of compensation provided to employees.A. CommissionsB. BenefitsC. SalaryD. Profit sharing
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