Payroll final exam 26 50 - Study guides, Class notes & Summaries

Payroll Exam 80 Questions with Verified Answers What is FICA? - CORRECT ANSWER -Federal Insurance Contributions Act -Made up of social security and medicare -levies taxes on all employees (even self-employed) 2020 Social Security Tax Rate - CORRECT ANSWER 6.2% of the first $137,700 in wages. Both employee and employer is 6.2%. Not subject to social security taxes if wages exceed this amount. This amount is DOUBLED for those who are self employed, 12.4% Medicare tax rate - CORRECT A...

CPP Certified Payroll Professional APA Master Exam Practice 406 Questions with Verified Answers Form SS-8 - CORRECT ANSWER Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding Form W-9 - CORRECT ANSWER First, it is used by third parties to collect identifying information to help file information returns with the IRS. The form is never actually sent to the IRS, but is maintained by the person who files the information return for verification ...

Controlling Foodservice Costs Final Exam Prep Controlled access to storeroom areas and keeping high-value items in locked areas are examples of - ANS Good inventory security Competitive pricing is common in which section of the restaurant and food service industry? - ANS Quick Service How is Contribution margin calculated? - ANS Subtract the cost of making a menu item from the menu price. Based on sales history and the weather, management expects to serve 200 meals today ...

Accounting Information Systems, 14e, Global Edition (Romney/Steinbart) Chapter 3 Systems Documentation Techniques 1 Prepare and use data flow diagrams to understand, evaluate, and document information systems. 1) Graphical representations of information are often supplemented by A) narrative descriptions. B) relevant e-mail communications. C) logic charts. D) oral descriptions from management. Answer: A Concept: Data flow diagrams Objective: Learning Objective 1 Difficul...

Accounting Information Systems, 14e, Global Edition (Romney/Steinbart) Chapter 3 Systems Documentation Techniques 1 Prepare and use data flow diagrams to understand, evaluate, and document information systems. 1) Graphical representations of information are often supplemented by A) narrative descriptions. B) relevant e-mail communications. C) logic charts. D) oral descriptions from management. Answer: A Concept: Data flow diagrams Objective: Learning Objective 1 Difficul...

1 AIC PREP UH EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ A 'place concrete' activity requires the placement of 2080 cubic yards. If the individual production rate is 2 cubic yards per work hour per person, with a 10-person crew and 8 hour workday, how many days are needed to complete this activity? a. 13 b. 26 c. 104 d. 130 Correct Answer: a. 13 A topographical map is a drawing showing? a. Subsurface soil conditions b. A general profile view of th...

1 ARKANSAS LIFE INSURANCE EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ A life insurance premium is paid each month. The insurer then subtracts a mortality and expense charge from the policy's cash value. This best describes which of the following life insurance policies? A. Whole Life B. Variable Whole Life C. Universal Life D. Adjustable Whole Life Correct Answer: C. Universal Life What is the name of a single policy covering two or more lives that pays ben...

Accounting Information Systems, 13e (Romney/Steinbart) Chapter 3 Systems Documentation Techniques 3.1 Prepare and use data flow diagrams to understand, evaluate, and document information systems. 1) Graphical representations of information are often supplemented by A) narrative descriptions. B) relevant e-mail communications. C) logic charts. D) oral descriptions from management. Answer: A Objective: Learning Objective 1 Difficulty: Easy AACSB: Analytic 2) All of the...

Federal Nursing Home Administrator Exam Questions And Answers 1) OBRA asserts some separate committees can be folded into the quality improvement/assurance committee. Safety, Pharmacy and which committee below can be added into QA/QI committee? - ANS Infection Control 2) Nursing homes are responsible for obtaining and providing dental care for residents. Who usually pays for dental services? - ANS The resident or a family member 3) A facility is not allowed to charge a r...

SPHR Final Exam 134 Questions with Verified Answers Which of these is the most basic certification exam administered by the HR Certification Institute? A The SPHR. B The PHR. C The GPHR. D The PHR-CA. - CORRECT ANSWER B The PHR. Which of these is an example of a mission statement? A Employees are prohibited from smoking in the lobby, the cafeteria, and all patient areas. B Our purpose is to provide compassionate, skilled care to elderly patients in a home-like environment. C ...