Examlex
When two or three single-phase transformers are used to step down or step up voltage on a three-phase system, the group is called a(n) ____________________.
Payroll Bank Account
A specific bank account designated for processing payroll and related transactions for a company's employees.
Reconciliation Functions
The process of ensuring that two sets of records (usually the balances of two accounts) are in agreement, to ensure accuracy and consistency in financial accounts.
Federal Unemployment Compensation Taxes
Taxes imposed on employers to fund unemployment benefits for workers who have lost their jobs.
Medicare Taxes
Taxes deducted from paychecks to fund the Medicare program, which provides health insurance to individuals over 65 or with certain disabilities.
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