1.Unemployment taxes paid by employers to the federal government are used to :

A. Cover costs to administer state unemployment insurance programs

B. Pay benefits to recipients of state unemployment insurance programs

C Provide benefits to senior citizens under the social security program

D. None of the above

2. Investment options in the 401(k) retirement plan for Vandelay Industries, Inc. include a Fidelity Investments mutual fund traded daily on the New York Stock Exchange, and a quote for the mutual fund is available at Yahoo Finance under the ticker symbol FXYYZ. This investment option is an example of what level asset?

A. Level 1

B.Level 2

C. Level 3

D. Level 4