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When an employee lives and works in the same state, the employer withholds income tax for that state.
When an employee lives and works in the same state, the employer withholds income tax for that state.A . TRUEB . FalseView AnswerAnswer: A
Which of the following employee benefits is nontaxable compensation?
Which of the following employee benefits is nontaxable compensation?A . company vehicle (personal use)B . gifts, prizes awardsC . company vehicle (business use)D . moving expenseView AnswerAnswer: C
Payroll documentation accomplishes all of the following goals EXCEPT:
Payroll documentation accomplishes all of the following goals EXCEPT:A . ensuring uniformityB . providing a reference toolC . ensuring that procedures are followedD . simplifying trainingView AnswerAnswer: C
All employees must complete a new form w4 each year
All employees must complete a new form w4 each yearA . TRUEB . FalseView AnswerAnswer: B
Payroll documentation accomplishes all of the following EXCEPT:
Payroll documentation accomplishes all of the following EXCEPT:A . provide uniformityB . simplify trainingC . ensure procedures are followedD . provide a reference toolView AnswerAnswer: C
All of the following statements about FLSA overtime regulations are true EXCEPT:
All of the following statements about FLSA overtime regulations are true EXCEPT:A . a bonus paid under a union contract is included in the regular rate of payB . a holiday bonus, paid at the discretion of the employer is excluded from the regular rate of payC . the weeks...
A semiweekly depositor has a liability of $79,000 from Weds payday and a liability of $50,000 from Friday's payday. The deposit is due by the:
A semiweekly depositor has a liability of $79,000 from Weds payday and a liability of $50,000 from Friday's payday. The deposit is due by the:A . next mondayB . next wedsC . next fridayD . 15th of the monthView AnswerAnswer: A
Which customer service principle could be improved in this payroll department?
An employee going to the payroll department to ask a question about his paycheck. when he arrives, the desks are unattended, files are open, desk tops are covered with paper, and the floor has stacks of reports askew. Which customer service principle could be improved in this payroll department?A ....
All of the following are reasons payroll keeps records except:
All of the following are reasons payroll keeps records except:A . compliance with lawsB . demonstrate accuracy of paychecksC . demonstrate security of payrollD . periodic reportingView AnswerAnswer: C
What withholding status must the employer use for his first paycheck?
An employee is married with one child. His beginning salary is $1,000 semimonthly. because of an unexpected business trip, the employee fails to submit a 2020 form W4 by his first payday. What withholding status must the employer use for his first paycheck?A . single/married filing separately, no entries in...
