Assume the Following Totals for Minihaha Tubing for the Year

question 30

Multiple Choice

Assume the following totals for Minihaha Tubing for the year ended December 31, 2022: $$\begin{array}{ll}\text {employee FICA tax }&\text {\$68,000 }\\\text { federal income tax }&181,000\\\text {state income taxes }&18,000\\\text { employer FICA tax}&68,000\\\text { federal unemployment tax}&1,000\\\text {state unemployment tax}&8,000\end{array}$$ The total tax reported on Form 940 is

• A) $1,000
• B) $9,000
• C) $68,000
• D) $137,000

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Definitions:

Impulsive Decisions

Impulsive decisions are made quickly and without thorough consideration of the consequences, often based on immediate emotions or desires rather than rational thought.

MBTI Profile

A categorization of personality types based on the Myers-Briggs Type Indicator, which is a tool used to identify individuals' psychological preferences.

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