BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Payroll taxes consist of income taxes, Social Security, Medicare, and unemployment taxes.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Payroll taxes include all of the taxes on an individual’s salary, wage, bonus, commission, and tips. These taxes are used to pay for Social Security, Medicare, unemployment, government programs, and local infrastructure.
There is 1 question to complete.