The Employer Pays a Portion of Some Payroll Taxes and Employee

question 24

Multiple Choice

The employer pays a portion of some payroll taxes and employee benefits.Both the employee and employer pay which benefit or tax listed below?

• A) social security taxes
• B) federal income taxes
• C) state income taxes
• D) none of the above

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Definitions:

Expected Return

The anticipated profit or loss from an investment, considering all possible outcomes weighted by their probabilities.

Top Manager

A senior executive responsible for overseeing the overall strategy and policy implementation of an organization.

Entrepreneur

An individual who organizes and operates a business venture, taking on greater than normal financial risks in order to do so.

Existing Company

A business entity that has already been established and is operating in the market.