Q1

Q2

Which of the following statements is true of Social Security and Medicare taxes? O a. There is a limit on Social Security tax, but no limit on Medicare tax. O b. There is no limit on both Social Security and Medicare taxes. O c. Social Security and Medicare taxes are added and recorded in the payroll register. Od. Social Security and Medicare taxes are not recorded in the payroll register. A payroll bank account is a special checking account used to pay a company's O a. taxes payable O b. loan liabilities O c.creditors O d. employees