Human Resource Management · Compensation and Benefits
Choose the correct code for the following statements being correct or incorrect. Statement I: Fringe benefits mean anything that includes employees' family, that has high social and peer recognition. They include health, security, and retirement benefits offered to full-time employees. Statement II: Fringe benefits aim at increasing the economic security of employees and are always non-taxable in nature.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both statements I and II are incorrect.
- 2Both statements I and II are correct.
- 3Statement II is correct, but I is incorrect.
- 4Statement I is correct, but II is incorrect.✓
Correct answer
Statement I is correct, but II is incorrect.
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