Accounting - Chapter 13
Quiz
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Other
•
KG - University
•
Medium
Kris Miller
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24 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The transaction to record employer payroll taxes expense is journalized at the end of the quarter.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In each pay period the payroll information for each employee is recorded on each employee earning record.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The payroll register and employee earnings records provide all the payroll information needed to prepare a payroll.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The source document for payment of a payroll is the time card.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Employer payroll taxes are business expenses.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The employer social security tax rate is not the same as the employee social security tax rate.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Federal unemployment insurance laws require that employers and employees pay taxes for unemployment compensation.
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