Which Type of Drug Name Is "Owned" by the Company

question 16

Multiple Choice

Which type of drug name is "owned" by the company that manufactures it?

• A) Generic name
• B) Chemical name
• C) Category name
• D) Trade name

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Definitions:

Calendar Year

The 12-month period a business chooses for its accounting year. Alternatively known as fiscal year and natural business year.

State Unemployment Tax Rate

The rate at which employers are taxed by their state government to fund unemployment insurance benefits for laid-off workers.

Federal Unemployment Tax Rate

The percentage rate at which employers are taxed by the federal government to fund the unemployment benefits pool.

FICA Tax Rates

The percentage rates set by law that determine the amount of Social Security and Medicare taxes that must be withheld from employees' paychecks and matched by employers.