Which Tax Does Not Have a Wage Base Limit

question 85

Multiple Choice

Which tax does not have a wage base limit?

• A)State unemployment tax
• B)Federal unemployment tax
• C)FICA-Medicare
• D)FICA-OASDI

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Definitions:

Just-in-Time Inventory (JIT)

A supply chain management strategy aimed at reducing inventory costs and waste by receiving goods as they are needed in the production process.

Minimize Inventory

A strategy aimed at reducing the amount of inventory to lower storage costs and reduce the risk of stock obsolescence.

Work-in-Process

Inventory items that are in the production process but are not yet completed products.

Parts

Components or pieces that can be combined or assembled to build or repair something.