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The employer must withhold FICA and federal income taxes, and pay FUTA tax, when the employee's tips exceed what amount?
The employer must withhold FICA and federal income taxes, and pay FUTA tax, when the employee's tips exceed what amount?A . $50 per month B. $50 per year C. $20 per month D. $20 per yearView AnswerAnswer: C
Which of the following is an example of a system edit?
Which of the following is an example of a system edit?A . A special panel or screen is used to input corrections B. The payroll specialist re-enters an employee's ZIP code C. An on-line message alerts the user that a 401(k)-deduction percent higher than the company allows was entered. D....
If an employee works from 3:00 p.m. to 11:00 p.m., Monday through Friday, what is the employee's weekly gross pay under the Fair Labor Standards Act?
An employee earns $9 per hour and an additional 10 cents per hour for hours worked after 7:00 p.m. If an employee works from 3:00 p.m. to 11:00 p.m., Monday through Friday, what is the employee's weekly gross pay under the Fair Labor Standards Act?A . $360 B. $362 C....
The popular term used to describe traditional theories and perceptions is":
The popular term used to describe traditional theories and perceptions is":A . Paradigm B. Cognizance C. Presumption D. HypothesisView AnswerAnswer: A
Which of the following agencies would most likely enforce rules governing the number of days following the close of the payroll period that employees must be paid?
Which of the following agencies would most likely enforce rules governing the number of days following the close of the payroll period that employees must be paid?A . State workers' compensation board B. State labor department C. Internal Revenue Service D. Social Security AdministrationView AnswerAnswer: B
What is one of the major considerations when evaluating and selecting a software system for payroll?
What is one of the major considerations when evaluating and selecting a software system for payroll?A . The sale's representative's knowledge of payroll B. The arrangement of the panels for on-line data entry C. The number of trainers the software has available D. The fit of the technical platform with...
A cross-functional work team is an important element of:
A cross-functional work team is an important element of:A . Benchmarking B. Management by objective C. Business process reengineering D. Claim of rightView AnswerAnswer: C
Bass Biting Company operates bait, tackle and boat sales store employing 12 full time clerks and salespeople in addition to the owner and his family members. Occasionally, Bass Biting assigns special work to individuals other than its regular employees and family members. Employee Lois was a bait and tackle shop clerk until she retired on June 30. Lois returned to the bait and tackle shop to perform clerical duties on August 15 and worked through Labor Day to assist Bass Biting through its busy season. Determine Lois' employment status with Bass Biting
Bass Biting Company operates bait, tackle and boat sales store employing 12 full time clerks and salespeople in addition to the owner and his family members. Occasionally, Bass Biting assigns special work to individuals other than its regular employees and family members. Employee Lois was a bait and tackle shop...
In a leasing arrangement, which of the following is not assumed by the leasing company?
In a leasing arrangement, which of the following is not assumed by the leasing company?A . Payment of employees B. Product research C. Hiring of employees D. Termination of employeesView AnswerAnswer: B
With regard to employee's reported tips, the employer must:
With regard to employee's reported tips, the employer must:A . report tips as wages on Form W-2 and pay the employer portions of social security and Medicare taxes B. report taxes on tips separately when making an employment tax deposit C. report and pay the employer portion of social security...
