10. .09-058 Which of the following statements is true with regard to the reimbursement of employee business expenses? a. Reimbursements of ordinary and necessary expenses are subject to federal income tax withholding. b. Provided that reimbursements are received by an employee under a plan which requires the employee to subst expenses to his employer, the amounts are excluded from the definition of wages subject to withholding, witho whether the employee actually substantiates the expenditures. c. Excess reimbursements of ordinary and necessary expenses are never subject to withholding. d. Reimbursements received by an employee under a plan which contains a requirement to return excess amount does so on a timely basis, are excluded from the definition of wages subject to withholding. e. All of these choices are true statements. 11. MC.09-066 In 2021, Willow Corporation had three employees. Two of the employees worked full-time and earned salaries of $25,000 each. The third employee worked only part-time and earned $4,000. The employer timely paid state unemployment tax equal to 5.4 percent of each employee's wages up to $7,000. How much FUTA tax is due from Willow Corporation for 2021 , after the credit for state unemployment taxes? a. $918 b. $102 c. $1,134 d. $0 e. $108 12. TF.09-063 The FUTA tax for 2021 is based on 6.2 percent of each employee's wages up to $10,000. True False 13. TF.09-071 In order for a pension plan to be considered a "qualified" retirement plan, the plan must satisfy certain minimum vesting requirements. True False