What statements regarding the percentage method is accurate


Question: Which of the following statements regarding the percentage method is accurate? Answer: A. It is used to determine FICA taxes. B. It is the same regardless of the version of Form W-4 used. C. It results in the same tax as the wage-bracket method for a given employee. D. It may be utilized by employers who have a monthly pay period.

 

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Accounting Basics: What statements regarding the percentage method is accurate
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