Symbols Are Arbitrary

question 41

True/False

Symbols are arbitrary.

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Definitions:

FUTA

An abbreviation for the Federal Unemployment Tax Act, which imposes a payroll tax on businesses to fund state workforce agencies.

SUTA

State Unemployment Tax Act - a tax that U.S. employers pay to their state to fund unemployment benefits.

FICA-OASDI

Federal Insurance Contributions Act - Old Age, Survivors, and Disability Insurance; a payroll tax that funds Social Security and Medicare.

FUTA

The Federal Unemployment Tax Act institutes a payroll levy on companies to support state employment organizations.