Which of the following Excel functions can you apply to determine a deduction amount using the following tax table for various tax brackets? Students' Income. Tax $10/day or less 0% $15/day-$9.99/day 10% $30/day - 14.99/day 15% CO Vlookup Or) O Sum) O Sumif)

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Fringe Benefit Tax

Fringe benefits are in addition to the compensation that companies give to their employees. It is an additional benefit above the stated salary. It helps to keep the employees of the firm motivated as sometimes the only salary is not enough to retain the quality employees of the firm. There are different types of fringe benefits. Fringe benefits are given in both private as well as public enterprises.