A. The amount of an employee's income that an employer sends directly to the federal, state, or local tax authority
B. Taxes, insurance, and saving plans deducted from a paycheck
C. Provides a summary of the payroll information for each pay period
D. Commission, hourly rate, and salary
E. Fee paid for providing a service, usually as a percentage of the total amount of the business transacted
F. Social Security, Medicare, federal, and state taxes
G. Type of payment where an employee is only paid for the hours worked
H. Health insurance, retirement plans, life insurance, and stock purchase plans
I. A payment amount that is paid yearly, and is then divided into weekly, biweekly, or monthly payments throughout the year
J. Deductions that are untaxed
i need help!!!
1. B
2. D
3. E
4. G
5. I
6. J
7. A
8. F
9. H
10. C
@Teah is wrong in 2021
5.3.9 Quiz - PF
1.) Specific required deductions - F (Social Security, Medicare, federal, and state taxes)
2.) Hourly rate - G (Type of payment where an employee is only paid for the hours worked)
3.) Payroll register - C (Provides a summary of the payroll information for each pay period)
4.) Deductions - B (Taxes, insurance, and saving plans deducted from a paycheck)
5.) Commission - E (Fee paid for providing a service, usually as a percentage of the total amount of the business transacted)
6.) Methods of paying employees - D (Commission, hourly rate, and salary)
7.) Voluntary deductions - H (Health insurance, retirement plans, life insurance, and stock purchase plans)
8.) Standard deductions - J (Deductions that are untaxed)
9.) Salary - I (A payment amount that is paid yearly, and is then divided into weekly, biweekly, or monthly payments throughout the year)
10.) Withholdings - A (The amount of an employee's income that an employer sends directly to the federal, state, or local tax authority)
Thank me Later :)
Managing Payroll
1. B
2. D
3. E
4. G
5. I
6. J
7. A
8. F
9. H
10. C
OMG!! TY so much @ahaha. These answers are correct for November 2021.^^
@teah 100% right
for connections academy (personal finance 5.3) (even in 2021!) in the correct order @Teah and @ahaha were 100% correct. I just took the quiz and got 10/10.
1. B
2. D
3. E
4. G
5. I
6. J
7. A
8. F
9. H
10. C