An experience rating, or merit rating a. directly adjusts the benefit amount the unemployed individuals receive. b. adjusts the SUTA paid based on an individual's unemployment experience. c. adjusts an employer's SUTA contributions due to a favorable employment record. d. adjusts the FUTA contributions due to an unfavorable employment record.
An experience rating, or merit rating a. directly adjusts the benefit amount the unemployed individuals receive. b. adjusts the SUTA paid based on an individual's unemployment experience. c. adjusts an employer's SUTA contributions due to a favorable employment record. d. adjusts the FUTA contributions due to an unfavorable employment record.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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An experience rating, or merit rating
a. directly adjusts the benefit amount the unemployed individuals receive.
b. adjusts the SUTA paid based on an individual's unemployment experience.
c. adjusts an employer's SUTA contributions due to a favorable employment record.
d. adjusts the FUTA contributions due to an unfavorable employment record.
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