A Downward Transfer Is Known As

question 20

Multiple Choice

A downward transfer is known as:

• A)lateral regression.
• B)relocation.
• C)demotion.
• D)nepotism.

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Definitions:

FICA Taxes

Taxes imposed on both employers and employees to fund Social Security and Medicare in the United States.

Retirement Benefits

Payments or other benefits provided to employees after they retire, such as pensions or health insurance.

FICA-OASDI

Federal Insurance Contributions Act - Old Age, Survivors, and Disability Insurance, the tax withholding that funds Social Security and Medicare.