Which of the Following Statements About Social Security Taxes Is

question 4

Multiple Choice

Which of the following statements about social security taxes is correct?

• A) People who work as independent contractors do not have to pay any social security taxes.
• B) An employer must withhold some money for these taxes from each employee's pay, but there is no actual payroll tax expense for the employer.
• C) An employer must pay a payroll tax, but there is no tax that is paid by the employees.
• D) There is both a social security tax withheld from the employees' pay, and a related payroll tax paid by the employer.

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Preventive Maintenance

Regular and systematic inspection, cleaning, and replacement of worn parts, materials, and systems to prevent unforeseen failures and maximize efficiency.

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The estimated period over which an asset is expected to be usable by the entity owning it, for its intended purpose.

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