Match the Terms with the Definitions

question 77

Multiple Choice

Match the terms with the definitions.
-A contribution to the FICA program.

• A)Electronic Federal Tax Payment System (EFTPS)
• B)employer FICA taxes
• C)Employer Identification Number (EIN)
• D)Form W-2
• E)Form W-3
• F)Form 940
• G)Form 941
• H)FUTA (Federal Unemployment Tax Act) tax
• I)merit-rating system
• J)self-employment income
• K)self-employment tax
• L)SUTA (state unemployment tax) tax
• M)workers' compensation insurance

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Definitions:

Outsource

The practice of contracting work out to an external organization rather than performing it in-house.

Information

Data that has been processed in such a way that it can be used to inform decisions, strategies, and actions.

Supply Chain

A composite of enterprises, participants, procedures, information, and instruments implicated in the conveyance of a product or service from the vendor to the patron.

Lost Sales

Potential sales that cannot be realized due to stockouts, inadequate inventory, or other operational issues.