Which of the following is a false statement regarding the Federal Unemployment Tax Act?
A) It provides a federal system to provide unemployment compensation to qualified employees who lose their jobs.
B) Employers must pay taxes to the states which,in turn,deposit the money into the federal government's Unemployment Insurance Fund.
C) Each state has an account from which it can access the money in the federal fund.
D) States have different minimum standards for qualifying for unemployment compensation.
E) Almost all states require that an applicant for unemployment compensation did not voluntarily quit his or her former job.
Correct Answer:
Verified
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