Payroll Accounting, Taxes, & Reports - Chapter 13 Test B

The total amount earned by all employees for a pay period

• payroll

• payroll register

• payroll taxes

• pay period

Taxes based on the payroll of a business

• payroll

• payroll register

• payroll taxes

• tax base

The money paid for employee services

• employee earnings record

• net pay

• salary

• total earnings

A business form used to record details affecting payments made to an employee

• employee earnings record

• payroll register

• total earnings

• withholding allowance

A federal tax paid for hospital insurance

• Medicare tax

• Social Security tax

• Federal Income tax (FICA)

• Tax base

The maximum amount of earnings on which a tax is calculated

• Pay Period

• Tax Base

• Salary

• Withholding Allowance

A business form used to record payroll information

• Payroll

• Payroll Register

• Payroll Taxes

• Tax Base

The period covered by a salary payment

• Pay Period

• Net Pay

• Tax Base

• Total Earnings

The total earnings paid to an employee after payroll taxes and other deductions.

• Total Earnings

• Net Pay

• Payroll Register

• Withholding Allowance

A deduction from total earnings for each person legally supported by a taxpayer, including the employee.

• Net Pay

• Payroll

• Total Earnings

• Withholding Allowance