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Select the One Term That Best Fits Each Definition

Question 2

Multiple Choice

Select the one term that best fits each definition.
-A computerized cash payments system that transfers funds without the use of checks, currency, or other paper documents.


A) 401(k)
B) commission
C) direct deposit
D) electronic funds transfer
E) individual retirement account
F) Medicare tax
G) net pay
H) qualified retirement plan
I) Roth individual retirement account
J) social security tax
K) tax base
L) withholding allowance

Correct Answer:

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