Examlex
Which of the following are the three basic principles for self-management?
Electronic Funds Transfer
An Electronic Funds Transfer (EFT) is the electronic movement of money from one bank account to another, either within a single financial institution or across multiple institutions, through computer-based systems.
Percentage Method
A way of calculating federal income tax withholding using percentage tables based on an employee's taxable income and filing status.
Federal Income Tax
A tax levied by the Internal Revenue Service on the annual earnings of individuals, corporations, trusts, and other legal entities.
Withholding Allowance
A predetermined amount of pre-tax income exempt from federal income taxes, directly affecting the amount of tax withheld from an employee's paycheck.
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