4. Which of the following is a payment to employees other than wages or salaries? sole proprietorship fringe benefit corporations liability

Answer

fringe benefit, Fringe benefit is a payment to employees other than wages or salaries (e.g. health insurance, retirement plans).

Q: What are the options to choose? A: The options are: sole proprietorship, fringe benefit, corporations, and liability.
Q: What is the definition of each option? A: Sole proprietorship is a type of business entity that is owned and run by one person and in which there is no legal distinction between the owner and the business; Fringe benefit is a payment to employees other than wages or salaries (e.g. health insurance, retirement plans); Corporations are a legal entity that is separate and distinct from its owners, providing limited liability to its owners; Liability is the state of being responsible for something, especially by law.