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Write as a product of linear factors.
Warranty Liability
Warranty liability is an obligation that a company assumes when it promises to repair or replace defective products during a specified period, representing a potential future expense.
Federal Unemployment Tax
A payroll tax paid by employers based on the wages paid to employees, used to fund state workforce agencies.
FICA Tax
Federal Insurance Contributions Act tax, a U.S. federal payroll tax imposed on both employees and employers to fund Social Security and Medicare.
Federal Income Tax
A tax levied by the federal government on the annual income of individuals, corporations, trusts, and other legal entities.
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