What is true regarding FUTA? Select one: O a. FUTA is a payroll tax owed by the business and reported annually on tax form 940. O b. FUTA is a payroll tax owed by the business and reported quarterly on form 941 and annually on tax form 944. O c. FUTA is a payroll tax owed by the business and reported quarterly on form 940. O d. FUTA is a payroll tax shared by the employer and employee and reported quarterly on form 941 and annually on tax form 944