
Chapter 14 Test Prep
Quiz
•
Computers
•
9th Grade
•
Medium
Standards-aligned
Padraic McMahon
Used 3+ times
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40 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The source document for a payment of a payroll is the time card.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Employee withheld income tax, employee social security, and medicare are taxed periodically to the federal government in a combined payment.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Some employers must deposit payments for withheld employees' federal income tax and social security and medicare taxes on the next banking day.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Employer payroll taxes are business expenses.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Employer payroll taxes are expense is based on a percentage of employee earnings.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The employer social security tax rate is not the same as the employees social security tax rate.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An employer is not required to pay federal unemployment taxes an employee who has already earned $7,000.00 during the calendar year.
True
False
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