alleryStart learning →Which body coined the term fringe benefits during World War II?
AThe War Production Board
BThe Social Security Board
CThe Federal Trade Commission
DThe War Labor Board
Answer & Solution
Correct answer: D. The War Labor Board
The term arose as the wartime labor board described indirect benefits firms used to attract workers when wage rises were prohibited.
Keep practising Employee Benefits
Browse all Employee Benefits questions for CA Inter, or explore more Accounting topics.
Related questions
Employee benefits mainly aim to increase what for staff?Which US plans let employees choose from a menu of benefits?Employees tend to see mandated benefits as creating what?What is exchanging cash wages for another benefit called?In which year was India's fringe benefits tax abolished?The IASB defines employee benefits as consideration for what?Who prepared the 1943 report that shaped India's health insurance scheme?Wages Rs 18,000 a month: employee's ESI share at 0.75% is?