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FUTA (Federal Unemployment Compensation)tax Is Paid by the Employee and Deducted

question 65

True/False

FUTA (federal unemployment compensation)tax is paid by the employee and deducted from gross pay.


Definitions:

Australian Dollars

The currency of Australia, represented as AUD, which is a major global currency used in international financial transactions.

Japanese Yen

The official currency of Japan, often symbolized as ¥ and known for its role in the foreign exchange market.

Swedish Krona

The official currency of Sweden, abbreviated as SEK.

Exchange Rate

The value of one currency for the purpose of conversion to another, determining how much of one currency can be exchanged for another.

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