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Bass Biting Company operates bait, tackle and boat sales store employing 12 full time clerks and salespeople in addition to the owner and his family members. Occasionally, Bass Biting assigns special work to individuals other than its regular employees and family members. Only two employees, George the President, and Earl, a salesperson, receive group-term life insurance. The value of each of their group-term life benefit is $93 per month, and $23 per month after excluding the first $50,000 of coverage.
How much is exempt from wages?
- A . $0
B. $93.00
C. $186.00
D. $46.00
Suggested Answer: A
Posted : 30/12/2022 8:38 pm