steph72198
Answered

  1. FICA is a(n)
Avoluntary deduction based on a percentage of net income.
Binvoluntary deduction based on percentage of gross pay
Cvoluntary deduction based on percentage of gross pay
Dinvoluntary deduction based on a percentage of net income.

  1. An example of voluntary deduction is___.
Afederal tax withholding
Bstate tax withholding
Ccharitable contributions
Dworker's compensation

Verified Answer :

daeezabella

The believe the answer is B. Fixed expense must be less then discretionary spending. I hope this helps.

Answer:

1. The correct answer is B

2. The correct answer is A.

Step-by-step explanation:

Voluntary Deduction : The deductions which are optional

Involuntary deductions : The deductions which are mandatory.

FICA : The Federal Insurance Contributions Act (FICA) is a U.S. law that creates a payroll tax requiring a deduction from the paychecks of employees based on percentage of gross pay. So, it is mandatory for all to pay and comes under involuntary deductions.

Also, federal tax withholding which is not mandatory by the law to be paid, is an example for voluntary deduction.


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