what should be considered when determining if an item or service can be excluded as a demimis fringe benefit? Select all that apply 1. The cost must be of a low and fair market value 2. cash given can't be excluded, but gift cards can be excluded 3. the frequency that the item service is provided 4. accounting for the item or service would be unreasonable or administratively impracticable 5. cash and gift cards can be excluded if under value of $100