All of the Following Statements Are True EXCEPT

question 24

Multiple Choice

All of the following statements are true EXCEPT:

• A) copper wire is used in boat trailers instead of stainless steel because of its resistance to corrosion.
• B) a soldering iron or a soldering gun is used for connections of wiring .
• C) a crimp connector is used to join stainless steel wire because stainless is not solderable.
• D) solder will not stick to another metal unless it is very clean and not corroded.

---

Definitions:

Social Security (FICA) Tax

A mandatory payroll tax funded by both employers and employees to finance Social Security benefits.

Annual Income

The total amount of money earned by an individual or entity within a year from all sources, including wages, salaries, bonuses, and investments.

Marginal Tax Rate

The rate at which the last dollar of a taxpayer’s income is taxed, indicating the proportion of additional income that is paid in taxes.

Proportional Tax

A tax system where the tax rate remains constant regardless of the amount subject to taxation.