SECA stands for _____. Answer:   A.    Self-Employment Contributions Act     B.    Self-Employment Control Act     C.    Self-Employment and Charities Act     D.    Self-Employment Care Act

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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1. SECA stands for _____.



Answer:  
A.  
 Self-Employment Contributions Act
 
 
B.  
 Self-Employment Control Act
 
 
C.  
 Self-Employment and Charities Act
 
 
D.  
 Self-Employment Care Act
2. When completing Form 1096 as a summary of all Form 1099-NECs that have been completed, the total number of Forms 1099-NEC is _____.



Answer:  
A.  
 entered within a box on the form
 
 
B.  
 entered within the form beside the type of 1099-NECs filed
 
 
C.  
 not entered within the form
 
 
D.  
 calculated within the form
3. Form _____ is provided to an independent contractor to advise them of their total annual earnings.



Answer:  
A.  
 W-9
 
 
B.  
 1099-NEC
 
 
C.  
 W-2-NEC
 
 
D.  
 1040
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