AB 116 WEEK 4 1 Completing this Learning Activity will assist in preparing you to achieve greater success in your Assignments.
Match the items below by entering the appropriate code letter in the space provided.
Student Answer: : Levied against employees' wages without limit » 5 : Federal income taxes
: An obligation in the form of a written promissory note » 2 : Notes payable
: An agreement whereby an employer provides benefits to employees after they retire » 1 : Pension plan
: A payroll tax expense levied only against the employer based on employees' wages » 7 : Federal unemployment tax
: A measure of a company- liquidity » 9 : Current ratio
: A debt than can reasonably be expected to be paid from current assets » 6 : Current liability
: A form showing gross earnings, FICA taxes withheld, and income taxes withheld » 4 : Wage and Tax Statement
: Levied against employees' wages with a maximum limit » 8 : FICA taxes
: Payments by employers to retired employees » 3 : Post-retirement benefits
: A potential liability that may become an actual liability in the future » 10 : A potential liability that may become an actual liability in the future
Points Received: 10 of 10
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