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Match the Terms with Their Correct Meanings

question 35

Multiple Choice

Match the terms with their correct meanings.
-Method of separating serum proteins by electrical charge


Definitions:

Nontaxable

Income or transactions that are not subject to taxation by government authorities.

FICA-OASDI

The part of the U.S. payroll tax that funds the Social Security program, officially called Old Age, Survivors, and Disability Insurance.

FICA-Medicare

Part of the U.S. payroll tax that funds Medicare, providing health insurance to individuals aged 65 and over, and to certain younger people with disabilities.

Federal Income Tax

An annual financial obligation placed on individuals, companies, trusts, and various legal entities by the central government.

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