The following amounts are an expense to the company except:
A)FICA-OASDI Payable.
B)FUTA Payable.
C)SUTA Payable.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

All three options, FICA-OASDI Payable, FUTA Payable, and SUTA Payable, are payroll taxes that the company is required to pay to the government. They are not expenses incurred by the company as part of its business operations.

The Following Amounts Are an Expense to the Company Except