Multiple Choice
Which of the following statements regarding payroll liabilities is true?
A) Accrued payroll includes such liabilities as retirement and health benefits that are not yet paid.
B) Only employees are required to pay FICA taxes.
C) Both employers and employees are required to pay unemployment taxes.
D) Accrued payroll liabilities do not include any voluntary deductions by employees for charitable contributions or union dues.
Correct Answer:
Verified
Correct Answer:
Verified
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