When Calculating the Employer's Payroll Tax Expense the Clerk Forgot

question 117

Multiple Choice

When calculating the employer's payroll tax expense the clerk forgot about the wage base limits,this will cause:

• A)the expenses to be overstated.
• B)the assets to be overstated.
• C)the liabilities to be overstated.
• D)Both A and C are correct.

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Definitions:

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Hypothetical Incidents

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