Which of the following statements is not true regarding FICA taxes paid?
A) These taxes fund both Social Security and Medicare.
B) Employers are required to match employee FICA contributions.
C) All FICA taxes apply to your total income.
D) There is a limit on how much of your income will be taxed for Social Security.
Answer: C
Business
You might also like to view...
In the context of the relationship between the listing broker and the seller, the broker is a(n):
a. agent of the seller. b. dual agent. c. employer of the seller. d. subagent of the seller.
Business
According to the text _______ means performing different activities from rivals' or performing similar activities in different ways
a. core competencies b. distinctive capabilities c. strategic positioning d. business strategy
Business