Grey is an employee of Convergent Technologies whose job is strictly based in the companys office. The
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Grey is an employee of Convergent Technologies whose job is strictly based in the company’s office. The employer has authorized the use of a company vehicle for commuting purposes as necessary. Which of the general valuation rules would be appropriate to evaluate the value of this fringe benefit?
a. Lease value rule
b. Unsafe conditions rule
c. Commuting rule
d. Cents-per-mile rule
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c Commuting rule The commuting rule would be appropriate to evalua...View the full answer
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Related Book For
Payroll Accounting 2023
ISBN: 9781264415618
9th Edition
Authors: Jeanette M. Landin, Paulette Schirmer
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