Which of the Following Statements About the Financing of OASDI

question 41

Multiple Choice

Which of the following statements about the financing of OASDI and Medicare is (are) true?
I.There is a maximum taxable wage base for OASDI.
II.There is a maximum taxable wage base for Part A of Medicare.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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