ABC Co. provides a generous employee benefits package that includes a life insurance policy and a health and dental policy. How will an employee be taxed if they use the benefits? (2 marks) A) The employee will be taxed on life insurance and health and dental benefits B) The entire benefits package is not taxable since the employee would not receive funds. C) The employee will be taxed on the value of benefits used. D) The employee will be taxed on the life insurance premium but not the health benefits