Multiple Choice
Which of the following is false under the Federal Unemployment Tax Act?
A) It was passed in 1935 and created a state system to provide unemployment compensation to qualified employees who lose their jobs.
B) Employers must pay taxes to the states, which deposit the money into the federal government's Unemployment Insurance Fund.
C) Each state has an account from which it can access the money in the federal fund.
D) States have different minimum standards for qualifying for unemployment compensation.
E) Most states do require employee contributions.
Correct Answer:

Verified
Correct Answer:
Verified
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