Examlex

Solved

Stone's Gross Pay for the Week Is $1600

question 26

Multiple Choice

Stone's gross pay for the week is $1600.Stone's year-to-date pay is under the limit for OASDI.Assume that the rate for state and federal unemployment compensation taxes is 6% and that Stone's year-to-date pay has not yet exceeded the $7000 cap.What is the amount of state and federal unemployment tax that his employer must record as payroll tax expense and pay to the federal and state governments?


Definitions:

Vibrate Mode

A setting on mobile phones and other devices that makes the device shake to notify the user of an incoming call or message, without emitting sound.

Primacy Effect

A psychological principle that items or information presented first are remembered better than those appearing later.

Career Apparel

Clothing specifically designed and worn for work, often reflecting the professional image or standards of a particular occupation.

Primacy Effect

The tendency to remember information from the beginning of a list or sequence better than information that comes later.

Related Questions