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Which of the Following Is TRUE

question 13

Multiple Choice

Which of the following is TRUE?


Definitions:

Form 940

A tax form used by employers to report their annual Federal Unemployment Tax Act (FUTA) tax.

FICA Tax

A mandatory tax deducted from employees' paychecks in the United States to fund Social Security and Medicare programs.

SUTA Tax

State Unemployment Tax Act tax, a payroll tax that employers pay to fund the state's unemployment insurance.

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