A New Development in the Age of Mass Leisure Was

question 28

Multiple Choice

A new development in the age of mass leisure was

• A)the newspaper and novel.
• B)the excessive consumption of alcohol.
• C)the theater.
• D)carnival.
• E)professional sports.

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Definitions:

Electronic Funds Transfer

The digital transfer of money from one bank account to another either within the same financial institution or across different institutions.

Allocated Tips

Tips that an employer assigns to an employee in addition to the tips the employee reported, usually in the context of large food and beverage establishments.

Withholding Tables

Charts provided by the IRS that employers use to determine the amount of federal income tax to withhold from employees' wages.

Form 941

A quarterly federal tax form used by employers to report income taxes, social security tax, or Medicare tax withheld from employee's paychecks.