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    College Accounting Study Set 2
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    Exam 7: Calculating Pay and Payroll Taxes: the Beginning of the Payroll Process
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    Which of the Following Taxes Has a Maximum Amount an Employee
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Which of the Following Taxes Has a Maximum Amount an Employee

Question 55

Question 55

Multiple Choice

Which of the following taxes has a maximum amount an employee must pay in a year?


A) Federal income tax
B) FICA-Medicare tax
C) FICA-OASDI tax
D) None of the above are correct.

Correct Answer:

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