Payroll Accounting 2018 28th Edition

The employee's earnings record provides information for each of the following except: a. completing Forms W2. b. completing the journal entry to record the payroll. c. determining when the accumulated wages of an employee reach cutoff levels. d. preparing reports required by state unemployment compensation laws. e. preparing the payroll register. b b b Unlike Form

A retail shop may employ a fulltime student at $5.00 per hour. a. True b. False False False False The OASDI taxable wage base is correctly defined as: a. all amounts earned by an employee during a calendar year. b. the maximum amount of wages during a calendar year that is subject to the OASDI

HTMLENTITY#8203HTMLENTITYWhich of the following is included in a job description? a. HTMLENTITY#8203HTMLENTITYSecondary duties b. HTMLENTITY#8203HTMLENTITYEducation requirements and special skills needed c. HTMLENTITY#8203HTMLENTITYAttendance requirements d. HTMLENTITY#8203HTMLENTITYJob's essential functions, including any physical requirements e. HTMLENTITY#8203HTMLENTITYAll of the above AANSWER: e AANSWER: e A ANSWER: e Under FICA only, cash tips of more than $100 in a month are

A1 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Chapter 1 Copyright Cengage Learning. Powered by Cognero. Page 1 Copyright Cengage Learning. Powered by Cognero. Page 1 Copyright Cengage Learning. Powered by Cognero. Page 1 True / False 1. The Fair Labor Standards Act is commonly known as the Federal Wage and Hour Law. a.

CONTINUING PAYROLL PROBLEM A KIPLEY COMPANY, INC. Payroll Register 1. For Period Ending January 8, 20-- Regular Earnings Overtime Earnings Time Card No. Name Marital Status No. W/H Allow. Hours Worked Rate per Hour Amount Hours Worked Rate per Hour Amount

ATS1 ATS1 ATS1 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or

11 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

E1 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Chapter 1 Copyright Cengage Learning. Powered by Cognero. Page 17 Copyright Cengage Learning. Powered by Cognero. Page 17 Copyright Cengage Learning. Powered by Cognero. Page 17 ACCREDITING STANDARDS: AICPA: v1-11 - FN-Reporting Blooms Taxonomy-5 - Remembering Business Program-3 - Analytic DATE CREATED: 6/6/2017 10:33 AM DATE MODIFIED: 7/17/2017

ATS3 ATS3 ATS3 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in

21 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

E9 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Chapter 2 Copyright Cengage Learning. Powered by Cognero. Page 1 Copyright Cengage Learning. Powered by Cognero. Page 1 Copyright Cengage Learning. Powered by Cognero. Page 1 1. Under the FLSA enterprise coverage test, hospitals and nursing homes are only covered if their annual charges for services are at

ATS5 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. ATS5 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. ATS5

Chapter 3 Copyright Cengage Learning. Powered by Cognero. Page 1 Copyright Cengage Learning. Powered by Cognero. Page 1 Copyright Cengage Learning. Powered by Cognero. Page 1 1. The Federal Insurance Contributions Act levies a tax upon the gross earnings of self-employed persons. a. True b. False

31 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 31 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 31

318 Payroll Accounting 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in

E19 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Chapter 4 Copyright Cengage Learning. Powered by Cognero. Page 1 Copyright Cengage Learning. Powered by Cognero. Page 1 Copyright Cengage Learning. Powered by Cognero. Page 1 1. Before any federal income taxes may be withheld, there must be, or must have been, an employer-employee relationship. a. True

Chapter 4 421 Chapter 4 421 Chapter 4 421 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly

41 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 41 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 41

E29 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

ATS7 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. ATS7 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. ATS7

Chapter 5 Copyright Cengage Learning. Powered by Cognero. Page 1 Copyright Cengage Learning. Powered by Cognero. Page 1 Copyright Cengage Learning. Powered by Cognero. Page 1 1. Unemployment taxes (FUTA and SUTA) do not have to be paid by an employer who has only part-time employees. a.

51 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

ATS11 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Chapter 5 515 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in

616 Payroll Accounting 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in

61 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 61 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 61

ATS13 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Chapter 6 Copyright Cengage Learning. Powered by Cognero. Page 1 Copyright Cengage Learning. Powered by Cognero. Page 1 Copyright Cengage Learning. Powered by Cognero. Page 1 1. An employees marital status and number of withholding allowances never appear on the payroll register. a. True b. False

EMPLOYEES EARNINGS RECORD Regular Earnings Overtime Earnings Deductions Net Paid Cumulative Other Ck. Payday Hrs. Rate Amount Hrs. Rate Amount Earnings OASDI HI FIT SIT SUTA CIT SIMPLE Deduct. No. Amount WILLIAMS, Ruth V. Year-to-Date Total ....... ........... 10,260.00 ....... .......... ................ 10,260.00

71 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 71 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 71

734 Payroll Accounting 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part. 2018 Cengage Learning, Inc. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in

All states have set their minimum wage to be the same as the federal government. a. True b. False False False False An employer must file an information return under all of the following conditions except: a. to report $1,000 of compensation paid to an individual who is not an employee. b. to report

The requirements for depositing FICA taxes and income taxes withheld from nonagricultural employees' wages vary according to the amount of such taxes reported during a "lookback period." a. True b. False True True True If the employer has made timely deposits that pay the FUTA tax liability in full, the filing of Form

Which of the following is not allowed as part of a company's prehire inquiries: a. Past employment and experience records b. Social security numbers c. Lie detector tests d. Educational background e. List of references c c c If an employee works two jobs at two different wage rates for the same employer during the same

Workers exempt from all of the FLSA requirements include: a. employees paid by the hour. b. clerktypists earning less than $200 a week. c. taxicab drivers. d. motion picture theater employees. e. none of the above. e e e Arch gives you an amended Form W4 dated March 9, 2018 on which he claims two additional

Which of the following is not part of the records employers keep in employee files? a. Regular rate of pay b. Gender c. Wages subject to tax for the calendar year d. Health care account withdrawals e. None of the above. d d d When the federal tax deposit is made, the employees and employers shares

All employers of one or more persons must file an application for an identification number. a. True b. False True True True Form 941 is due on or before the 15th day of the month following the close of the calendar quarter for which the return is made. a. True b. False False False False Selfemployed

In converting semimonthly wage rates to hourly rates, divide the semimonthly rate by 4 to arrive at the weekly rate, then divide this rate by the standard number of hours. a. True b. False False False False One of the provisions of coverage of the Civil Rights Act is that the employer must

A traveling salesperson who solicits and transmits to the principal orders for merchandise for resale is considered an employee under FUTA. a. True b. False True True True Unemployment taxes (FUTA and SUTA) do not have to be paid by an employer who has only parttime employees. a. True b. False False False False Employers file