Which of the following is false concerning the operation of the Social Security system?
A) The program is operated on a pay-as-you-go basis.
B) Employees and employers share the burden of funding the system.
C) Self-employed individuals pay approximately 15.3 percent on their own payroll.
D) There are no investment earnings since the program is operated on a pay-as-you-go basis.
D
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Which of the following primary relationship activities in building strategic alliances involves seeing the reality in possibilities of an alliance, creating a shared vision from being together, and involving trusted senior managers?
A. Imaging B. Committing C. Interfacing D. Dating E. Initiating
The current market value of a property is $35,000. For tax purposes, it is assessed at 40 percent of market value. The tax rate is $4 per $100 of assessed value. What is the amount of the tax due?
A) $560 B) $625 C) $705 D) $740