China's "Floating Population" Refers To

question 29

Multiple Choice

China's "floating population" refers to:

• A)the huge number of overseas Chinese.
• B)rural itinerant workers seeking greater prosperity in cities.
• C)Chinese flooded out by the Three Gorges Dam.
• D)China's recent population explosion.
• E)large numbers of ethnic Japanese who represent a new trend in immigration.

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Definitions:

Federal Income Tax

This is a tax levied by the U.S. federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

Withholding Allowances

Claims made on an employee's W-4 form that determine the amount of federal income tax withheld from their paycheck.

Gross Wages

Gross wages are the total earnings of an employee before any deductions like taxes, retirement contributions, and health insurance premiums are made.

Form 4070

A form used by employees to report their tips to their employer.