Although Many Business Owners See Checking References as a Formality

question 34

Multiple Choice

Although many business owners see checking references as a formality and pay little attention to it, the process is ________.

• A)expensive and often meaningless
• B)necessary and often invaluable
• C)optional, based on the position's salary and relative importance
• D)a questionable practice that may bias the hiring process

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Definitions:

Payroll of Scotland Company

The total amount of wages and salaries paid by Scotland Company to its employees.

Total Payroll Tax

The combined amount of all governmental taxes that an employer is required to withhold and/or pay on behalf of their employees, including federal, state, and local taxes.

Social Security Taxes

Taxes levied on both employers and employees to fund the Social Security program, used for providing retirement, disability, and survivor benefits.

Medicare Taxes

Taxes withheld from employees' paychecks and matched by employers to fund the Medicare program.