Examlex
Match the options below with the correct phrase:
-transactional processing system
State Unemployment Taxes
Taxes imposed by state governments on employers to fund unemployment insurance benefits for laid-off workers.
Hourly Wage Rate
The amount of money paid for each hour of work performed.
Federal Income Tax Withholding
Federal income tax withholding is the process by which an employer deducts a portion of an employee's income to pay directly to the federal government as a prepaid credit towards the employee’s annual tax liability.
Contingent Liabilities
Potential obligations that may arise from past events, depending on the outcome of future events.
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