Question
1. Since the FUTA tax is a social security tax, it can be charged to the same expense account as the other payroll taxes on
1. Since the FUTA tax is a social security tax, it can be charged to the same expense account as the other payroll taxes on the employer, the payroll taxes account. True or False?why?
2. Coding an account means that we assign a name, number (or both), description, and other identifiers to an account.True or False?why?
3. The word "technology" is used only to refer to 'information technology'. True or False?why?
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Managerial Accounting
Authors: Kurt Heisinger, Joe Ben Hoyle
1st Edition
1453345299, 9781453345290
