Carolyne is paid $1,000.00 biweekly. This year, to date, she has earned $25,300.00. What will be the total deduction for Social Security and Medicare taxes on her next paycheck? (Social Security tax is 6.2% of gross wages up to $117,000. Medicare tax is 1.45% of all gross wages.)
A) $155.80
B) $94.60
C) $76.50
D) $213.05
C
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Which of the following is the most likely application of data analytics for accountants to develop expertise in?
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What is wrongful discharge and under what circumstances does the law prohibit the discharge of a worker?
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Indicate whether the statement is true or false.