The Following Amounts Are an Expense to the Company Except

question 50

Multiple Choice

The following amounts are an expense to the company except:

• A)FICA-OASDI Payable.
• B)FUTA Payable.
• C)SUTA Payable.
• D)All of the above are correct.

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Definitions:

Trespass

An unauthorized intrusion or encroachment onto property owned by another person, which constitutes a legal wrong or tort.

Personal Property

Refers to movable items owned by an individual or entity, as opposed to real property which relates to land and buildings.

Unlawful Taking

The illegal appropriation or seizure of property without permission or legal right.

Conversion

In law, an act of wrongfully taking, using, or disposing of the personal property of another without consent.