Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following statements is not correct?

Which of the following statements is not correct? a). The FUTA tax provides benefits for...

70.2K

Verified Solution

Question

Accounting

Which of the following statements is not correct?

a). The FUTA tax provides benefits for employees who become unemployed.

b). The FUTA tax is both withheld from employees' earnings and paid by the employer.

c). The FUTA tax rate can be as low as 0.6%.

d). The state unemployment taxes are paid entirely by the employer.

Please answer which one is the answer!

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

You randomly select an integer from 0 to 7 inclusively and then randomly select an...

Advance Math
1.2K views

3. Let X = {1, 2, 3, 4}. Let F be the set of all...

Psychology
1.2K views

summary on \"No, Smartphones are not Destroying a Generation\" by Sarah Rose Cavanagh

Psychology
1.2K views

What are telomeres? How do they affect the aging process?​ Answer must be in essay and...

Biology
1.2K views

How far back at the least from the face of the hood should operations be...

Biology
1.2K views

The goal of the tree of life is a to be a library of all...

Biology
1.2K views

8B Physical wellness Physical wellness consists of recognizing the need for phys activity good nutrition...

Geometry
1.2K views

1 Determine the volume left in the cylinder after the shaded cone region is removed...

Accounting
1.2K views

Capitalization, no ALL CAPS). Answer 1: sender ip address hardware type target ip address target...

Accounting
1.2K views

Mitchell invested $3192 at 4.3% compounded monthly. Calculate the amount of interest earned during the...

Accounting
1.2K views

The following table information represents the financial statements for the Genatron Manufacturing Corporation for the...

Accounting
1.2K views

Jack owns and operates Puget Tours, a sight-seeing company that provides boat-tours in Washington State...