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    Fundamental Accounting Principles Study Set 1
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    Exam 11: Current Liabilities and Payroll Accounting
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    The Amount of Federal Income Tax Withheld from Employee Pay
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The Amount of Federal Income Tax Withheld from Employee Pay

Question 176

Question 176

True/False

The amount of federal income tax withheld from employee pay depends on the employee's annual earnings rate and the number of withholding allowances claimed by the employee.

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