A Scenario ____ Lists the Value for Changing Cells and Results

question 33

Multiple Choice

A scenario ____ lists the value for changing cells and results cells under each scenario.

• A) revenue report
• B) summary report
• C) index sample
• D) profit report

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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.