QUESTION 43 Ben is a sole trader carrying on a computer repair business and has four employees. Ben and the employees co morning and afternoon tea during working days on the business premises. The spouses of the employees some stop at the office and consume morning and afternoon tea as well. What categories of FBT arise on these facts? O a. Residual fringe benefit, entertainment fringe benefit, and minor fringe benefit Ob. Exempt fringe benefit, minor fringe benefit O C. Entertainment fringe benefit, minor fringe benefit O d. No fringe benefit
QUESTION 43 Ben is a sole trader carrying on a computer repair business and has four employees. Ben and the employees co morning and afternoon tea during working days on the business premises. The spouses of the employees some stop at the office and consume morning and afternoon tea as well. What categories of FBT arise on these facts? O a. Residual fringe benefit, entertainment fringe benefit, and minor fringe benefit Ob. Exempt fringe benefit, minor fringe benefit O C. Entertainment fringe benefit, minor fringe benefit O d. No fringe benefit
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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![QUESTION 43
Ben is a sole trader carrying on a computer repair business and has four employees. Ben and the employees consume
morning and afternoon tea during working days on the business premises. The spouses of the employees sometimes
stop at the office and consume morning and afternoon tea as well. What categories of FBT arise on these facts?
O a. Residual fringe benefit, entertainment fringe benefit, and minor fringe benefit
Ob.
Exempt fringe benefit, minor fringe benefit
O C. Entertainment fringe benefit, minor fringe benefit
O d. No fringe benefit](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe1076520-7ccc-4628-b741-2dc05583b4d5%2F6a99374b-b9b5-44be-9e7b-aa9b2f311792%2Fbyyhzja_processed.png&w=3840&q=75)
Transcribed Image Text:QUESTION 43
Ben is a sole trader carrying on a computer repair business and has four employees. Ben and the employees consume
morning and afternoon tea during working days on the business premises. The spouses of the employees sometimes
stop at the office and consume morning and afternoon tea as well. What categories of FBT arise on these facts?
O a. Residual fringe benefit, entertainment fringe benefit, and minor fringe benefit
Ob.
Exempt fringe benefit, minor fringe benefit
O C. Entertainment fringe benefit, minor fringe benefit
O d. No fringe benefit
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