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    Accounting Study Set 1
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    Exam 11: Current Liabilities and Payroll
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    Which of the Following Taxes Has a Ceiling on the Amount
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Which of the Following Taxes Has a Ceiling on the Amount

Question 160

Question 160

Multiple Choice

Which of the following taxes has a ceiling on the amount of annual earnings subject to tax?


A) FICA-OASDI taxes
B) sales tax
C) federal income tax
D) FICA-Medicare taxes

Correct Answer:

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