Which of the Following Statements About Unemployment Insurance Benefits Is

question 10

Multiple Choice

Which of the following statements about unemployment insurance benefits is true?

• A)Benefits are a flat amount regardless of a worker's previous wages.
• B)Because of federal legislation,the maximum benefit is the same in all states.
• C)Most states pay regular benefits for a maximum duration of 26 weeks.
• D)Under the extended benefits program,the federal government continues benefit payments for up to 3 years for workers who have exhausted their regular benefits.

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Definitions:

Payroll

The total amount of wages, salaries, and other compensation that a company owes to its employees for a set period.

Treasurer's Department

A division within an organization responsible for managing the institution's cash, investments, and financing activities.

FICA Tax

Federal Insurance Contributions Act tax, which funds Social Security and Medicare, charged to both employers and employees.

Federal Unemployment Tax

A tax paid by employers to fund the government's unemployment benefits.