Payroll Deductions Fall into the Broad Categories of ________ and ________

question 30

Multiple Choice

Payroll deductions fall into the broad categories of ________ and ________.

• A)payroll tax withholdings;voluntary deductions
• B)unemployment;social security taxes
• C)unemployment taxes;income taxes
• D)voluntary deductions;income taxes

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Definitions:

Savings Account

A deposit account held at a bank or other financial institution that provides modest interest rates.

Meritocratic System

A system in which advancement in society is based on an individual's capabilities and merits rather than on family, wealth, or social connections.

High Grade Point Average

High Grade Point Average (GPA) reflects strong academic performance and achievement, typically indicating that a student has attained A or A+ grades in their coursework.

Prestigious University

An institution of higher education well-known for its high academic standards, distinguished faculty, and notable alumni.