FICA taxes include two components, which consist of

A) accident and disability insurance.
B) unemployment compensation and disability insurance.
C) Social Security and Medicare contributions.
D) old age and unemployment compensation.

Answer: C

Business

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Information technology executive Darryl likes to pore over a lot of information before making a decision, and he also likes to commit to one course of action. His decision-making style is therefore characterized as

a. decisive. b. flexible. c. hierarchic. d. integrative.

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When forecasting fixed asset requirements, the projected fixed asset balance will

A) not increase proportionally if excess capacity exists. B) not increase proportionally with sales if the existing level of fixed assets is sufficient to support current sales. C) always increase proportionally with sales. D) remain the same since the balance is fixed.

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