Examlex
An arms race is a competition between two or more states to build up ever larger stockpiles of weapons for their armed forces to quell perceived threats by other nations.
SUTA Tax
State Unemployment Tax Act tax, a payroll tax that employers must pay to fund the government unemployment insurance program.
Payroll Taxes Expense
The total amount of state and federal taxes a company is obligated to pay based on its employees' wages.
Voluntary Deductions
Amounts that employees choose to have withheld from their gross pay for various benefits or contributions, such as insurance premiums, retirement contributions, and union dues.
Accrued Vacation Benefits
The amount of vacation time that employees have earned but not yet taken, which is recorded as a liability on the company's books.
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