Final answer:
The statement is false. Participants of a stock bonus plan are not universally required to have pass through voting rights on the employer stock held by the plan, as this can vary based on the plan's specific design and provisions.
Step-by-step explanation:
The statement that participants of a stock bonus plan must have pass through voting rights on the employer stock held by the plan is false.
While many plans do grant voting rights to participants for the shares allocated to their accounts, it is not a universal requirement for all stock bonus plans.
Employer stock ownership can vary in the level of control and rights it conveys to plan participants.
Specifics of each plan may differ based on the plan design and provisions within the plan documents.