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Question 16 of 35. Wage and payroll tax expenses are somewhat unique in that: O Taxpayers have a clear understanding of what goes into these

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Question 16 of 35. Wage and payroll tax expenses are somewhat unique in that: O Taxpayers have a clear understanding of what goes into these ad O The IRS has other documentation available for use in determinin O An audit of these accounts will be handled by the payroll service The responsibility for the taxes falls 100% to the employer, and O Mark for follow up Question 17 of 35. Gross revenue minus cost of goods sold (COGS) is often referr O Net profit. O Absorption rate. O Gross margin O Gross profit

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