Which of the Following Is Likely to Have the Suffix

question 39

Multiple Choice

Which of the following is likely to have the suffix ".edu" after the domain name in its URL?

• A) Yahoo!
• B) UNICEF
• C) The Federal Reserve
• D) Harvard Business School
• E) America Online

Compute net salary after deductions including federal income tax, FICA, and medical insurance.

Calculate taxable income after applying withholding allowances for the employee and dependents.

Calculate taxable income after accounting for withholding allowances.

Compute net pay by deducting taxes and other deductions from gross earnings.

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Definitions:

FICA Taxes

Taxes imposed on both employees and employers to fund Social Security and Medicare, based on a percentage of the employees' wages.

Gross Earnings

The total income earned by an individual or business before any deductions or taxes.

Federal Income Taxes

Taxes imposed by the federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Net Pay

The amount of money an employee receives after deductions such as taxes and retirement contributions are subtracted from their gross salary.