Examlex
Match each description to the appropriate term (a-d).
a) Direct materials
b) Selling and administrative expense
c) Factory overhead
d) Direct labor
FICO
A data analytics company known for creating the most widely used consumer credit scores that determine creditworthiness.
Payroll Liabilities
Obligations arising from payroll, including amounts owed to employees for wages and salaries and amounts due to government agencies for payroll taxes.
FICA
The Federal Insurance Contributions Act; it mandates a payroll tax equally shared between employees and employers to fund Social Security and Medicare.
Time Tracking Preferences
Customizable options in time-tracking software that allow users to configure how time is recorded, categorized, and reported.
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