How is Social Security awarded in the U.S.?
What will be an ideal response?
The federal Social Security system provides limited retirement and death benefits to certain employees and their dependents. The Social Security system is administered by the Social Security Administration. Social Security benefits include 1. retirement benefits, 2. survivors' benefits to family members of deceased workers, 3 . disability benefits, and 4. medical and hospitalization benefits. Under the Federal Insurance Contributions Act (FICA), employees must make contributions (i.e., pay taxes) into the Social Security fund. An employee's employer must pay a matching amount. Social Security does not operate like a savings account. Instead, current contributions are used to fund current claims. The employer is responsible for deducting employees' portions from their wages and remitting the entire payment to the Internal Revenue Service (IRS). Under the Self-Employment Contributions Act, self-employed individuals must pay Social Security contributions, too. The amount of tax self-employed individuals must pay is equal to the combined employer-employee amount.
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Which of the following is an example of an observable artifact of organizational culture?
A. Mission statements B. Awards ceremonies C. Basic assumptions D. Codes of ethics E. Core beliefs
Risks and benefits of ownership transfer to the lessor with a capital lease
Indicate whether the statement is true or false
A market survey by LG revealed that Indians preferred not to mix vegetarian and non-vegetarian food items
Hence, LG refrigerators in India include a special convertible box with separate compartments to store and control the temperature of vegetarian and non-vegetarian food. This is an example of customizing ________ to local needs. A) advertising media B) product features C) packaging D) brand name E) labeling
The financial data of the component units are included with the government entities reporting entity because of the significance of their operational or financial relationships with the government entity
Indicate whether the statement is true or false