Examlex
Which of the following best illustrates the strategic use of IT?
FUTA
The Federal Unemployment Tax Act, which imposes a payroll tax on employers in order to fund state workforce agencies and unemployment insurance.
Federal Depository Bank
A Federal Depository Bank is a financial institution authorized by the federal government to hold and manage the funds of the U.S. Treasury and other government entities.
Overdue Account Payable
An obligation owed by a company to a supplier for which payment has not been made within the agreed upon timeframe.
Note Payable
A written promise to pay a certain amount of money, often bearing interest, by a specified date to the holder of the note.
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