In December 2011, B. Rich worked for Payless, Inc and earned 10,000. Federal income tax withholding is 20. The FICA rate is 6.2 and the Medicare tax is 1.45. How much cash will Payless pay the government for Medicare tax because of B.
Rich's December earnings?
A) 765
B) 145
C) 290
D) 1,530
Question 2
The use of IT resources for enterprise systems and e-business:
a. magnifies the importance of protecting the resources both within and outside of the organization from risks
b. magnifies the importance of protecting the resources both within but not outside the of the organization from risks
c. makes it easier to provide internal control risk when IT resources are interlinked
d. none of the above
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December 6, 2023