Match Each of the Following Terms with the Appropriate Definitions

question 221

Multiple Choice

Match each of the following terms with the appropriate definitions.
-A potential obligation that depends on a future event arising from a past transaction.

• A)Long-term liability
• B)Warranty
• C)FUTA taxes
• D)FICA taxes
• E)Contingent liability
• F)Net pay
• G)Withholding allowance
• H)Estimated liability
• I)Merit rating
• J)Wage bracket withholding table