Taxes paid by the employer to provide funds for workers who are temporarily out of work are ______________.
What is Unemployment taxes?
100
Most companies use a _____________ to keep track of an hourly wage employee's hours.
What is a time card?
100
By January 31, employers must provide each employee with a ______ which summarizes the employee's earnings and taxes withheld.
What is a W-2 form?
100
_______________ are the year-to-date gross earnings of an employee.
What is accumulated earnings?
100
Employee's earnings records are kept on a ______________ basis?
What is quarterly basis?
200
One example of a voluntary employee deduction is ________.
What is an insurance premium or a savings account?
200
The ________ is an individual payroll record kept for each employee.
What is an employee's earnings record?
200
A ___________ is an amount subtracted from gross earnings.
What is deduction?
200
The individual who prepares the payroll is called the ________
What is payroll clerk?
200
A _______________ is paid to the employee as a percentage of the employee's sales.
What is a commission?
300
The source of information for preparing the entry to record the payment of the payroll.
What is a payroll register?
300
The expense account used to record employees' earnings is often called ______________.
What is Salaries Expense?
300
An amount of money paid to employees at a specific rate per hour is a _______
What is wage?
300
The ____________ account is used to record the total of the employer' payroll taxes.
What is Payroll Tax Expense?
300
A _____________ is a form summarizing information about employees' earnings for each pay period.
What is a payroll register?
400
Which tax is paid by both the employee and the employer?
What is FICA tax?
400
The amount of money actually received by the employee after all deductions are subtracted is called the ________.
What is net pay?
400
A __________ is a fixed amount of money paid to an employee each pay period.
What is a salary?
400
The _______________ is the total amount earned by the employee in the pay period.
What is gross earnings?
400
A list of employees in a business and the earnings due to each employee for a specific period of time is called ________.
What is payroll?
500
The form that employees complete to declar the number of exemptions claimed is a ________
What is a W-4?
500
An employee paid 1 1/2 times the regular wage is paid at an _____________.
What is overtime rate?
500
If an employee has _________________, the employer placed the employee's net pay into her or his personal bank account.
What is direct deposit?
500
The amount deducted from gross earnings for federal income tax each pay period depends on the total earnings, marital status, and the number of _________ an employee claims on Form W-4.
What is an exemption?
500
The amount of time for which an employee is paid is called the ______________.