Which of the following is required to be withheld from employee's gross pay?
a. both federal and state unemployment compensation taxes
b. only federal unemployment compensation tax
c. only federal income tax
d. only state unemployment compensation tax
c
You might also like to view...
Answer the following statements true (T) or false (F)
1. The standards of right and wrong that influence behavior are called ethics. 2. Ethical behavior is defined as a behavior that creates the greatest good for the greatest number of people. 3. Values are the relatively permanent and deeply held underlying beliefs and attitudes that help determine a person's behavior. 4. An organization’s value system stressing financial performance may conflict with its value system stressing cohesion among employees.
The ability to shift workers to different tasks and functions in response to business needs is called:
A. Employment flexibility B. Pay flexibility C. Functional flexibility D. Procedural flexibility
Franklin Company issued a $40,000 note to the Mercantile Bank on August 1, Year 1. The note carried a one-year term and a 12% rate of interest. How will the adjusting entry, dated December 31, Year 1, to record accrued interest expense impact the elements of the financial statements?
A. Increase liabilities and decrease equity by $2,000 B. Decrease equity and increase liabilities by $4,800 C. Increase liabilities and decrease equity by $1,600 D. Decrease assets and decrease retained earnings by $2,000
Which of the following statements is (are) true with regard to the use of technology in risk management programs?
I. Risk management Intranets are networks intended for an internal audience. II. Risk management information systems can be used to store and track workers compensation claims data. A) I only B) II only C) both I and II D) neither I nor II