FUTA is paid by the employer on:
A) the first $106,800 of an employee's earnings.
B) the first $8,000 of an employee's earnings.
C) the first $7,000 of an employee's earnings.
D) all of the employee's earnings.
Correct Answer:
Verified
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A)assets of the employer.
B)liabilities
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Q170: The combined FICA rate for employees is:
A)7.65%.
B)1.45%.
C)6.20%.
D)0.80%.
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