Which of the Following Statements Is False

question 101

Multiple Choice

Which of the following statements is false?

• A) Payroll Tax Expense is an expense account.
• B) FICA-OASDI Payable increases on the credit side of the account.
• C) Payroll Tax Expense increases on the debit side of the account.
• D) FUTA Tax Payable increases on the debit side of the account.

---

Definitions:

Compact Disc

A physical medium for the storage and playback of digital audio and data, utilizing laser technology for reading and writing information.

Average Costs

Calculated by dividing the total cost of production by the quantity of output produced, indicating the cost per unit of output.

Output Increases

A rise in the quantity of goods or services produced by a firm or economy.

Scale of Operations

The size or level at which a company or plant is operating, indicating its capacity to produce goods or services.