Which of the Following Conditions Requires an Employer to Use

question 81

Multiple Choice

Which of the following conditions requires an employer to use the electronic deposit requirement?

• A) Employer made more than $100,000 in total tax deposits in 2014.
• B) Employer made more than $100,000 in total tax deposits in 2015.
• C) All employers are required to use the electronic funds transfer.
• D)Employer made more than $200,000 in total tax deposits in 2014.

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Definitions:

Policy Limits

The maximum amount an insurance company will pay under a policy for a covered loss.

Punitive Damages

Financial compensation awarded to a plaintiff that goes beyond what is necessary to compensate for losses and is intended to punish the defendant for egregious behavior.

Property Insurance Policies

Contracts between an insurer and a policyholder that specify the property covered, the risks insured against, and the terms of coverage.

Flood-Related Losses

Damage or losses sustained as a direct result of flooding, usually requiring specific insurance coverage.