Solved

Which of the Following Statements Is Not Correct

Question 40

Multiple Choice

Which of the following statements is not correct?


A) The FUTA tax provides benefits for employees who become unemployed.
B) The federal unemployment tax rate can be reduced by the rate charged by state for the state unemployment tax.
C) The earnings base for the federal and state unemployment taxes are the same,the first $7,000 of an employee's earnings for the year.
D) The SUTA tax protects employees against losses from job-related injuries or illnesses.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents