What Payroll Tax Form Meets the Following Description: Filed with the IRS,this

question 16

Multiple Choice

What payroll tax form meets the following description: Filed with the IRS,this form summarizes the amount of federal income tax,Social Security,and Medicare withheld from employee paychecks for the quarter?

• A)Form 940
• B)Form 941
• C)Form 944
• D)Form 990

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Definitions:

Future Value

The value of an investment at a specific future date, including interest or dividends.

Interest Rate

The charge, delineated as a percentage of the initial amount, that a lender requires from a borrower for the utilization of assets.

One-sample Chi-square

A statistical test used to determine if a sample data matches a population with a specific distribution.

Goodness-of-fit Test

A statistical test used to determine how well observed data match the expected distribution or model.