Some Analysts Refer to ________ Stocks as Issues That Sell

question 327

Multiple Choice

Some analysts refer to ________ stocks as issues that sell for less than $2 (others say for less than $5) .

• A) dollar
• B) growth
• C) penny
• D) discount

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Definitions:

SUTA

State Unemployment Tax Act, which requires employers to contribute to the state unemployment insurance program.

Form 940

A form utilized by employers to declare their yearly tax under the Federal Unemployment Tax Act (FUTA) to the IRS.

FICA-OASDI

Federal Insurance Contributions Act - Old Age, Survivors, and Disability Insurance; a U.S. payroll tax that funds Social Security benefits.

Federal Income Tax

A charge imposed by the national government on the yearly income of persons, businesses, trusts, and other legal bodies.