Question: Need help choosing the right answer choice I. The date on which an employer must pay Social Security and Medicare taxes is (A) January 1

Need help choosing the right answer choice

Need help choosing the right answer choice I. The date on which

I. The date on which an employer must pay Social Security and Medicare taxes is (A) January 1 ofeach year; (B) June 30 ofeaeh year; (C) December 30 of each year; (D) dependent on the amount of the taxes; (E) determined for each business by the IRS. An Employer Identication Number (BIN) is obtained by the employer from the (A) CIA; (B) IRS; (C) Federal Reserve Bank; (D) state bank; (E) state employment oice. credit Cash; (B) debit WC] Expense and credit Compensation Remd; (C) debit WC] Expense and credit WCI Payable; (D) debit WC] Insurance Premium and credit WC! Payable; (E) debit Insurance Payable and credit WCI Payable. . Which of the following is true? (A) Both the employer and the employee pay an unemployment tax; (B) The cost of the unemployment tax is calculated on all gross earnings; (C) In most states, the percentage used to calculate the unemployment tax is higher for the state's share than for the federal government's sham; (D) All payroll tax deposits must be made elecuonically; (B) All of these statements are true

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