A Characteristic of FUTA Is That

question 134

Multiple Choice

A characteristic of FUTA is that:

• A)It is imposed on both employer and employee.
• B)It is imposed solely on the employee.
• C)Compliance requires following guidelines issued by both state and Federal regulatory authorities.
• D)It is applicable to spouses of employees but not to any children under age 18.
• E)None of these.

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Definitions:

Federal Funds

Government-allocated money, often distributed through grants or contracts, to support public services, projects, or initiatives.

DR-CAFTA

The Dominican Republic-Central America Free Trade Agreement, aimed at reducing tariffs and promoting trade and economic integration between the United States and specific Central American countries.

Largest Economy

The country or region with the highest gross domestic product (GDP) or economic output in the world.

Costa Rica

A Central American country known for its diverse ecosystems, including rainforests, beaches, and biodiversity, as well as a strong commitment to environmental preservation.