Asked by feiben alaze on Apr 25, 2024
Verified
Voluntary payroll deductions may include all of the following except
A) union dues
B) 401K deductions
C) group hospital insurance
D) FICA taxes
FICA Taxes
Taxes imposed by the Federal Insurance Contributions Act, which fund Social Security and Medicare services.
Union Dues
Fees paid by workers to a union for membership and representation.
- Gain an understanding of the management and reporting protocols for particular financial obligations, including sales tax and warranty expenses.
Verified Answer
JW
Jasmine WestjohnApr 26, 2024
Final Answer :
D
Explanation :
FICA taxes are not voluntary payroll deductions, they are mandatory taxes that both employees and employers are required to pay for Social Security and Medicare. The other options listed are all examples of voluntary payroll deductions that employees may choose to have taken out of their paychecks.
Learning Objectives
- Gain an understanding of the management and reporting protocols for particular financial obligations, including sales tax and warranty expenses.
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