Which of the following is true about Section 125 cafeteria plans? Multiple Choice ...
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Accounting
Which of the following is true about Section 125 cafeteria plans?
Multiple Choice
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All items in a cafeteria plan are exempt from Social security and Medicare taxes.
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Insurance premiums and other selected expenses may be paid with pre-tax dollars.
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It allows employees access to the companys cafeteria at no extra cost.
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Fringe benefits are always considered part of a cafeteria plan.
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