In relation to labour cost, "Free or Subsidized Food" will be classified as:

CS Executive · Cost and Management Accounting · PYQS · December 2019
In relation to labour cost, "Free or Subsidized Food" will be classified as:
(A) Monetary Benefits
(B) Deferred Monetary Benefits
(C) Fringe Benefits
(D) None of the above

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Labour Costing

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