Payroll - 2018
Quiz by Rachel Nally
Feel free to use or edit a copy
includes Teacher and Student dashboards
Measure skillsfrom any curriculum
Measure skills
from any curriculum
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
With a free account, teachers can
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
15 questions
Show answers
- Q1Take home pay is commonly known as _________.net paypayroll expensegross paysalary compensation30s
- Q2Which of the following taxes does not have a taxable base per calendar year?Federal Unemployment TaxSocial Security TaxMedicare TaxState Unemployment Tax30s
- Q3The number of withholding allowances an employee claims will affect _________.Medicare taxes withheldstate unemployment tax withheldfederal income tax withheldsocial security taxes withheld30s
- Q4According to the Fair Labor Standards Act overtime is paid when employees work _________.40 hours per weekany hours in excess of 8 in a daya minimum of 44 hours in a weekin excess of 40 hours per week30s
- Q5When health insurance premiums are submitted to the health insurance carrier, the journal entry would include a _________.debit to Health Insurance Premiums Payable and a credit to Cash.debit to cash and a credit to Health Insurance Premiums Payable.debit to Health Insurance Premiums Payable and a credit to Health Insurance Expense.debit to Health Insurance Expense and a credit to cash.30s
- Q6The gross earnings of 6 employees at retail establishment for a week were: $620, $524, $715, $670, $588, and $675. What was the average amount earned for the week by these employees?$648$632$634$642120s
- Q7The federal form an employee must fill out before they can receive a paycheck is a _________.W-3W-1099W-2W-4120s
- Q8The Salary Expense account is used to record the _________.employer's state tax liabilitiesemployees' total gross earningsemployer's payroll tax liabilitiesemployee's total net earnings120s
- Q9The formula for calculating net pay is _________.gross earnings minus total taxes and voluntary deductionsgross earnings minus total voluntary deductionsnet earnings minus total voluntary deductionsnet earnings minus total taxes and voluntary deductions120s
- Q10The source of information for journalizing the payroll entries each pay period is the_________.employees' earnings recordtime cardspayroll registerIRS tables120s
- Q11Federal unemployment tax is paid by _________.both the employer & the employeethe employeethe employerneither the employer nor the employee120s
- Q12What type of payroll period consists of 26 pay periods?bi-weeklybi-yearlysemi-monthlymonthly120s
- Q13The total earnings of an employee for a pay period is called _________.gross paypay, net of taxesnet paytake-home pay120s
- Q14Wages, hours worked, and regulations for minors in the workplace are set by?Family Medical Leave Act (FMLA)Fair Wage and Tax Law (FWTL)Occupational Safety and Health Administration (OSHA)Fair Labor Standards Act (FLSA)120s
- Q15When journalizing the employer’s payroll taxes, which account should be debited?Payroll Taxes ExpenseWages PayableSalaries ExpenseCash120s