Which of the following statements is correct regarding the taxes payable under the Federal Unemployment Tax Act (FUTA)?
A. Liability arises only when wages are actually, not constructively, paid to employees.
B. Credits for this tax are allowed to employers for certain state unemployment taxes paid by the employer.
C. The amount is withheld from the wages of all employees.
D. The amount is determined as a percentage of all compensation paid to an employee.
Answer: B. Credits for this tax are allowed to employers for certain state unemployment taxes paid by the employer.
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In hypothesis testing about a percentage, the sample percent is noted by the letter ยต?
Indicate whether the statement is true or false
The pharmaceuticals division of Omni Healthcare holds low market share in a high growth market. In order to increase the pharmaceuticals division's market share, managers would be most likely to decide which of the following?
A) hold the division's share B) maintain the division's relevance to consumers C) use money from a cash cow to promote the division D) sell off the division E) divest the division