Write true if the statement is correct. If you believe otherwise, write false and state your reason briefly. 1. Compensation income includes remuneration received by an individual providing consultancy services to other business entities. 2. Fringe benefit is a form of compensation that may either be taxable or non-taxable: 3. In compensation income, the presence of the employer-employee relationship is an important element. 4. The forms of salary payment are the determining factors in evaluating whether the income is compensation or not. 5. Fixed allowances received by an employee are taxable, while variable allowances are tax-exempt. 6. When the allowance received by an employee is intended for the benefit of the employer, the amount is not included in the employee's gross taxable income