Math ! ?

1. voluntary deductions include

a: federal tax withholdings
b: state tax withholdings
c: health insurance
d: social security withholdings

2. fica is a(n)

a: involuntary deduction based on a percentage of gross pay
b: voluntary deduction based on percentage of net income.
c: voluntary deduction based on a percentage of gross pay
d: involuntary deduction based on a percentage of net income.

3. an example of a fixed expense is

a: clothing (not for work)
b: gas for a trip to the beach
c: jeans
d: motgage

The correct answers are:
 1) C
 2) A
 3) D

Explanation:
1) Voluntary deductions are amounts that you elect to come out of your paycheck every pay period. Federal tax is not voluntary; neither is state tax, nor Social Security. The only voluntary deduction in this list is health insurance. You are not obligated to pay for your health insurance by automatically withholding it from your check.

 2) FICA is the tax that goes towards Social Security and Medicare. It is involuntary, and it is deducted as a percentage of your gross (pre-withholding) pay.

 3) A fixed expense would be one that is the same from month to month. The only one of these expenses that would be the same amount monthly is a mortgage.