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5.Which of the following is required to be withheld from an employee's gross pay? a. only federal income tax b. both federal and state unemployment

5.Which of the following is required to be withheld from an employee's gross pay?

a. only federal income tax

b. both federal and state unemployment compensation taxes

c. only state unemployment compensation tax

d. only federal unemployment compensation tax

6.Quick assets include

a. cash, cash equivalents, receivables, and prepaid expenses

b. cash, cash equivalents, and receivables

c. cash, cash equivalents, receivables, prepaid expenses, and inventory

d. cash, cash equivalents, receivables, and inventory

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