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Complete the Following Using the Terms Listed

question 22

Multiple Choice

Complete the following using the terms listed.
-Use of _____ cuts paper flow,speeds the order cycle,and reduces errors.


Definitions:

Current Earnings

The net income that a company has generated over a specific period, excluding any non-operational or extraordinary items.

FICA Tax

A federal payroll tax that funds Social Security and Medicare, evenly split between employers and employees.

Medicare

A federal health insurance program in the United States for people aged 65 and older, and for some younger people with disabilities.

Federal Income Tax

A tax by the U.S. federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

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