In Describing FICA Taxes, Which (If Any) of the Following

question 4

Multiple Choice

In describing FICA taxes, which (if any) of the following statements is incorrect?

• A) The base amounts for 2015 probably will increase from the 2014 amounts.
• B) The base amounts for the Social Security and Medicare portions are the same.
• C) If both spouses work, excess FICA taxes need not result.
• D) Excess FICA taxes can be claimed as an income tax credit.
• E) None of the above.

---

Definitions:

Interpersonal Testing

The evaluation of social interactions and relationships between individuals, often used in organizational contexts for team-building or recruitment.

Norming Stage

A phase in team development where members resolve conflicts, appreciate colleagues' strengths, and establish norms for successful teamwork.

Team Life Cycle

The stages of development and growth that a team undergoes, from its formation and norming to performing and eventually adjourning or transforming.

Group Goals

Objectives or targets set by a collective aiming to achieve a common result through teamwork and collaboration.