Which of the Following Is True of Social Security

question 35

Multiple Choice

Which of the following is true of Social Security?

• A)Social Security operates like a savings account.
• B)Contribution to the Social Security fund is entirely derived from employers.
• C)Employers remit Social Security payments to the IRS.
• D)Self-employed individuals are exempted from Social Security payments.

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Definitions:

Consecutive Odd Integers

Integers that follow one after another in order and are odd, each differing by two from the next (e.g., 1, 3, 5, ...).

Sum

The result of adding two or more numbers or quantities together.

Algebraic Model

A mathematical model that uses algebraic expressions to represent real-world situations.

Assembly Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product efficiently.