Perhaps the Best Predictor of Whether or Not a Person

question 23

Multiple Choice

Perhaps the best predictor of whether or not a person will become an entrepreneur is how ________ she is.

• A)proactive
• B)talented
• C)likeable
• D)desperate

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Definitions:

Penalty

A fine or charge levied by the IRS for failure to comply with tax laws, such as late filing or underpayment of taxes.

Federal Tax Withholding

The portion of an employee's wages removed by the employer and sent directly to the government as partial payment of income tax.

FICA Withholding

The process by which employers withhold social security and Medicare taxes from their employees' paychecks, contributing to the FICA taxes owed.

Social Security Limit

The maximum amount of earnings on which Social Security payroll taxes are levied, also affecting the amount that can be received as Social Security benefits.