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portion of FICA taxes and unemployment taxes. portion of FIT, SIT, and Medicare deductions. portion of FICA taxes, unemployment taxes, and any voluntary deductions. portion of FICA taxes and any voluntary deductions. Question 7. (TCO D) Which of the following taxes does not represent a payroll deduction a company may incur? Federal income taxes FICA taxes State unemployment taxes State income taxes Question 8. (TCO D) Which of the following is not acceptable treatment for the presentation of current liabilities? Listing current liabilities in order of maturity Listing current liabilities according to amount Offsetting current liabilities against assets that are to be applied to their liquidation