If on Any Day During the Month,an Employer Accumulates $100,000

question 112

Multiple Choice

If on any day during the month,an employer accumulates $100,000 or more in tax liability,the taxes must be deposited:

• A)By either the following Wednesday or Friday if the employer is a semiweekly schedule depositor.
• B)By the last day of the month if the employer is a monthly schedule depositor.
• C)Before the close of the business day on which the liability occurs.
• D)By the next banking day.

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Definitions:

Out of Africa Hypothesis

The theory proposing that modern humans originated in Africa before migrating to other parts of the world.

Mousterian Tool Tradition

A Stone Age technology associated with Neanderthals and early modern humans, characterized by specific types of stone flakes and tools.

Middle Paleolithic

Describes a period in human prehistory between 300,000 to 30,000 years ago, characterized by the development of Neanderthal cultures and significant advancements in tool technology.

Lower Paleolithic

A period of time beginning with the earliest Oldowan tools, spanning from about 200,000 to 2.6 million years ago; also known as Old Stone Age.