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The problem with membership and seniority-based rewards is that:
Current Liabilities
Financial obligations of a company due within one year, including accounts payable, short-term loans, and other short-term debts.
Bonds Payable
Long-term liabilities representing borrowed money that a company is obliged to pay back with interest.
FICA Taxes
Federal Insurance Contributions Act taxes, which are payroll taxes in the United States used to fund Social Security and Medicare programs.
Payroll Deductions
Deductions from gross earnings to determine the amount of a paycheck.
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