Statement about social security benefits

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Reference no: EM131277307

1. Which of the following is a false statement about Social Security benefits?

A. Workers who meet requirements receive retirement benefits according to age and earnings history.

B. Employers and employees share the cost of the program through a payroll tax.

C. Benefits are taxed as ordinary income at both the federal and state level.

D. Eligibility rules must be met to receive benefits.

2. A system in which an employer pays a worker specifically for each unit produced is known as

A. piecework rate.

B. hourly wage.

C. gross pay.

D. salary.

Reference no: EM131277307

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