​There Are Four Categories of _____________: Patents, Trademarks, Copyrights, and Trade

question 82

Short Answer

​There are four categories of _____________: patents, trademarks, copyrights, and trade secrets.

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Definitions:

Social Security Tax

A tax imposed on both employers and employees to fund the Social Security program, which provides retirement, disability, and survivorship benefits.

Medicare Tax

A federal tax that funds the Medicare program, deducted from the earnings of employees and matched by employers.

Unemployment Taxes

Taxes paid by employers to fund unemployment insurance programs, aiding workers who have lost their jobs.

Salaries Payable

An account containing the total amount of salary expense that has been incurred by a company but has not yet been paid out to employees.