Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

MC Qu. 36 Which of the following statements is not cor... Which of the following statements is not correct? A. A few states levy an

MC Qu. 36 Which of the following statements is not cor...

Which of the following statements is not correct?

A. A few states levy an unemployment tax on the employee that must be withheld from the employee's pay.

B. One of the purposes of the unemployment insurance program is to stabilize employment and reduce unemployment.

C. The reduction of state unemployment taxes because of favorable experience ratings reduces the credit allowable against the federal unemployment tax.

D. The unemployment insurance program is a federal program.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Payroll Accounting 2017

Authors: Bernard J. Bieg, Judith Toland

27th edition

1305675126, 1305675124, 9781305888586, 1305888588, 978-1337734776

More Books

Students also viewed these Accounting questions

Question

Explain all drawbacks of the application procedure.

Answered: 1 week ago