A Bar Chart Is the Same as a Histogram

question 54

True/False

A bar chart is the same as a histogram.

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Definitions:

FUTA Tax

Federal Unemployment Tax Act tax, an employer-paid tax used to fund state workforce agencies.

Maximum Credit

Refers to the highest amount of credit a taxpayer can claim on their tax return, which directly reduces their tax liability.

Taxable Payments

Payments received that are subject to income tax, including wages, salaries, and interest income.

Taxpayer Identification Number

A unique number assigned to taxpayers for identification purposes by the IRS or Social Security Administration, such as a Social Security Number (SSN) for individuals.