Which of the Following Is Not True Regarding the Unemployment

question 187

Multiple Choice

Which of the following is not true regarding the unemployment insurance program?

• A)It requires withholding from employee wages.
• B)It is administered by each state.
• C)It provides unemployment benefits to qualified workers.
• D)It adjusts rates paid by employers based on their merit rating.
• E)It is a joint federal and state program.

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Definitions:

Direct Labor-Hour

A measure of the amount of time spent by workers who are directly involved in the production process of creating goods or services.

Merchandising Firm

A type of business that purchases finished products and sells them to consumers without altering the form of the goods.

Merchandise Inventory

Items and merchandise that are kept by a business with the intention of selling them to consumers.

Selling Expenses

Costs incurred directly from the selling of products or services, such as advertising and sales staff salaries.