Homework Answers
FALSE
The correct statement is that :
The stand-by charge portion of the automobile benefits is generally based on the number of kilometers drived (for personal use) by the employee and not on the number of months the automobile was made available to the employee for personal use.
Explanation
As the stand-by charge of the automobile benefits are such benefits which are available to the employee when the employer's owned or leased car is made available to the employee for their personal use.
These benefits are calculated based on the number of personal use kilometers driven by the employee. It also includes the holidays of the calendar year.
Their would be no benefits in the year, if the automobile is in possession of the employee but the employee does not drieves it (personal driving) for a single kilometer.
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