A Characteristic of FICA Is That

question 15

Multiple Choice

A characteristic of FICA is that:

• A)It does not apply when one spouse works for the other spouse.
• B)It is imposed only on the employer.
• C)It provides a modest source of income in the event of loss of employment.
• D)It is administered by both state and Federal governments.
• E)None of these.

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Definitions:

Graves Disease

An autoimmune disorder that results in the overproduction of thyroid hormones, causing hyperthyroidism.

Thyroid Hormone

Hormones produced by the thyroid gland, including triiodothyronine (T3) and thyroxine (T4), crucial for regulating metabolism, energy generation, and growth and development.

Aldosterone

A steroid hormone produced by the adrenal cortex that regulates sodium and potassium balance in the blood.

Cortisol

A steroid hormone produced by the adrenal glands, involved in the body's stress response as well as metabolism and immune function.